COHESION POLICY

SUPPORTING GROWTH AND JOBS IN CYPRUS

COHESION POLICY IN 2017-2013: CONCRETE RESULTS FOR EUROPE

An independent expert evaluation of 2007-2013 funding found that Cohesion Policy investments had
positive, tangible results ranging from job creation, a positive impact on regional disparities and an
increase in GDP.

Every region and country in the EU benefits from Cohesion Policy, via the direct effects of the investments and/or
the indirect effects like increased trade.

€1 € €€€ €2.74
€1 of Cohesion Policy investment during 2007-2013
will generate €2.74 of additional GDP by 2023.

€346.5 billion invested in 2007-2013 Estimated return nearly €1 trillion

of additional GDP by 2023

1/3 of net job creation

1 million jobs created in 2007-2013
during that period
57.1

60 % EU Cohesion Policy investments in

52.1
52.1
50.5

2007-2013 were a vital source of

finance for many Member States,
42.5

50 %
40.9
39.4
38.7

representing up to 57 % of
34.3

40 %
government capital investment.
27.5
25.1
24.5

Cohesion Policy funding 30 %

18.9

as a % of government
capital investment 20 % 7.1
2007-2013
EU28 = 6.5 % Average 10 %
4.4
3.9
7

2.5
1.7
1.1
1.1

0.7
0.7
0.8

0.4
0.4

0.2
1

0%
Cyp ce
Gre ia
via

Ger atia
Slo ania
Slo ania

Bel nce
Cze Bulg nia
Pol ta

in

m
Rep aria

rus

Aus en
tria
Lith gary

Lat a

em rk
rg
Cro aly

Lux enma s
Fin ny
Por blic
Rom al
Est nd

Fra nd

her nd
Sw UK

D and
i

ven
e

Spa

giu
vak

tug

bou
ed
ma
Ma
a

la

Net Irela
o

It
u
u
Hun

l
ch

Regional and
Environment
Urban Policy
 COHESION POLICY IN 2017-2013: CONCRETE RESULTS FOR CYPRUS

Between 2007 and 2013, European Regional Development Fund and Cohesion Fund
support amounted to EUR 493 million in Cyprus.
Investments were mainly made in the areas of:

 Environment
 Enterprise support.
 Urban development
 Culture and tourism

ENVIRONMENT
The proportion of recycled solid waste increased
by almost 10%

Key achievements of
Cohesion Policy
investments in FIRMS
CYPRUS Close to 1600 full time jobs were created, of which 570 in research
308 projects to help firms finance investments were set up

EUR 17 million of ERDF support to businesses through Financial

Instruments

RESEARCH & INNOVATION

Nearly 220 cooperation projects were established
between enterprises and research centres

MORE INFORMATION

EU Cohesion Policy: key achievements

http://ec.europa.eu/regional_policy/en/policy/what/key-achievements/

Results of EU Cohesion Policy in Cyprus

http://ec.europa.eu/regional_policy/index.cfm/en/policy/what/key-achievements/cyprus/

@EU_Regional #CohesionPolicy EUinmyregion