EU G

rant

s 20

14-2

020

Gre

ece

EURO

PE 2

014

- 202

0

COH

ESIO

N A

REAS

Greece

• A regional aid map defines the regions of a Member State eligible for national regional investment aid under EU state aid rules. It will be in force between 1 July 2014 and 31 December 2020. The map also sets the maximum levels of aid (so-called "aid intensities") that can be granted to regional investment projects carried out by large enterprises in the assisted areas at between 10% and 25% of total investment costs, depending on the area concerned. These intensities can be increased for investments carried out by medium sized enterprises by 10% and for small enterprises by 20%.

• The new regional aid map for Greece will cover its entire territory and 100 % of its population, because the country benefits from the European Stability Mechanism.

• Regional aid is meant to benefit the most disadvantaged regions of Europe. Under the new map, seven areas (Anatoliki Makedonia and Thraki, Kentriki Makedonia, Thessalia, Ipeiros, Dytiki Ellada, Peloponnisos and Vorio Aigaio) which have a GDP per capita below 75% of the EU average - covering 56.1% of the population of Greece - will be eligible for regional investment aid.

Greece EU Grants 2014-2020Update July 2014

Greece

• In the previous period, four more areas had a GDP below 75% of the EU average. In order to ensure a smooth transition, the regions of, Ionia Nisia, Kriti, Dytiki Makedonia and Attiki covering 43.9% of the population of Greece, will continue to be eligible for regional aid until 2020. As from 2018, the maximum aid intensities will be reduced, except for the areas of Kastoria and Florina that share land borders with a country outside the European Economic Area (EEA) and are therefore entitled to keep higher aid intensities.

• The maximum aid intensities for regional investment aid in the Greek assisted regions have slightly decreased as compared to the previous aid map (by 5 to 15 percentage points, depending on the region).

Greece EU Grants 2014-2020Update July 2014

PA submitted no OP’s PA & OP’s submitted Czech republic PA 17/04Italy: PA 22/04Spain: PA 22/04Croatia: PA 22/04Ireland: PA 22/04Luxemburg : PA 30/04Romania: PA 01/04

France: PA 14/01 and all 32 OPs submittedPortugal: PA 04/02 and all ten OPs submittedLithuania: PA 04/01 and their one OP submittedFinland: PA 17/02 and their one OP submittedHungary: PA 07/03and all five OPs submittedNetherlands: PA 10/03 and all four OPs submittedMalta: PA 01/04 and one OP submittedBulgaria: PA 02/04and all four OPs submittedSlovenia: PA 10/04and their one OP submittedSweden: PA 17/04 and nine OPs submittedAustria: PA 17/04 and their one OP submittedUnited Kingdom: PA 17/04 and three OPs submittedBelgium: PA 23/04and two OP submitted

Adopted PA no OP’s Adopted PA OP’s submittedGreece: PA adopted 23/05Cyprus: PA adopted 20/06

Poland: PA adopted 23/05 and all 21 OPs submittedLatvia: PA adopted 20/06 and their one OP submittedSlovakia: PA adopted 20/06 and all five OP submittedGermany: PA adopted 22/05 and 15 OPs submittedEstonia: PA adopted 20/06 and their one OP submittedDenmark: PA adopted 05/05 and their one OP submitted

Current status Europe Partnership Agreements & Operational Programmes

• Partnership agreement adopted end of May 2014

• Adoption of OP’s by European commission in Q3 2014

• Expected first grant calls Q4 2014 for funding priorities related to Op’s

Planning

Budget breakdown Greece

Cohe-sion Fund

Less De-veloped Regions

Transi-tion Re-

gions

More Devel-oped

Regions

Outer-most and

north-ern

sparsely popu-

lated re-gions

Euro-pean

Territo-rial Co-opera-

tion

Youth Em-

ploy-ment Ini-

tiative (addi-

tional al-location)

Direct pay-

ments CAP

Rural devel-

opment (7) CAP

Euro-pean Mar-itime and

Fisheries Fund

Nuclear decom-mission-

ing

Total

Greece

€ 3,250 € 7,034 € 2,306 € 2,528 € -NaN € 232 € 172 € 15,400

€ 4,196 € 389 € -NaN € 35,507

€ 2,500

€ 7,500

€ 12,500

€ 17,500

€ 22,500

€ 27,500

€ 32,500

€ 37,500

€ 3,250

€ 7,034

€ 2,306 € 2,528

€ 232 € 172

€ 15,400

€ 4,196

€ 389

€ 35,507

Greece

Axis Title

Budget breakdown Greece

Budget breakdown GreeceBudget breakdown Greece OP’s

Budget breakdown GreeceBudget breakdown Greece OP’s

Budget breakdown GreeceCash Flow OP’s Greece

Budget breakdown Europe

Belgium

Bulgaria

Czech Rep

ublic

Denmark

German

y

Estonia

Irelan

d

Greece

Spain

France

Croati

aIta

ly

Cypru

s

Latvia

Lithuan

ia

Luxe

mbourg

Hungary

Malta

Netherl

ands

Austria

Poland

Portuga

l

Romania

Slove

nia

Slova

kia

Finlan

d

Swed

en

€ -

€ 20,000

€ 40,000

€ 60,000

€ 80,000

€ 100,000

€ 120,000

Other

Rural development (7) CAP

Direct payments CAP

European Territorial Coopera-tion

Regions

Total national spending

Astit

el X

1.0

00

Budget breakdown Europe

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