engleski

Utilization of EU funds: Impact on development

Over the years, EU funds have had a strong impact on the regional development of beneficiary countries. The best example is the recent economic crisis that has gripped the vast majority of European and other countries, which has drastically reduced investment and led to falling standards in those countries. Poland, as a country that has directed all its resources to the use of available funds through development projects, managed to avoid the crisis, as one of the few countries, and had a slight GDP growth. An example that other countries should certainly follow and proof that EU funds can truly lead a beneficiary country towards sustainable growth and development. In order to reduce regional inequalities, the EU has at its disposal the instruments of the European Structural and Investment Fund through which the projects of individual countries are financed. Not every country is equally prepared and does not have the same absorption capacity to realize the funds, and it is necessary to invest in the development of operational and financial capacities to facilitate the process.

Absorption, Development, EU funds

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