European Regional Development Fund

European Regional Development Fund

Reducing Economic Differences: European Regional Development Fund

Introduction to European Regional Development Fund

The European Regional Development Fund is concerned with infrastructure developments proposed by member governments. Since 1989 it has focused on regions with weak economies, severe industrial decline, or problems of rural development. Each member country is eligible to receive a percentage of the fund’s budget, determined roughly by its population size and economic wealth. The fund normally covers only 50 percent of the proposed costs; the remainder has to come from national sources.

European Regional Development Fund (ERDF) and the European Union


See Also

  • Structural funds


Notes and References

  • Information about European Regional Development Fund in the Encarta Online Encyclopedia
  • Guide to European Regional Development Fund

    More Topics about the European Union

    European Economic Area, European Union, European Union History (including European Union Early Cooperation, Benelux Customs Union, European Coal and Steel Community, European Economic Community, European Community, Expansion of the EC, Single European Act, Creation of the European Union, Treaty on European Union, Amsterdam Treaty, Treaty of Nice, Treaty of Lisbon, Monetary Union and EU Growing Accountability), EU Pillar System, EU Major Bodies Structure, European Commission, Council of the European Union, European Parliament, European Court of Justice, Court of Auditors, European Central Bank, Economic and Social Committee, Committee of the Regions, European Union Policies, Common Agricultural Policy, Common Fisheries Policy,

    EU Economic Differences, European Regional Development Fund, European Social Fund, Cohesion Fund, European Investment Bank, European Monetary System, Economic and Monetary Union, EU International Relations, EU Expansion,

    EU and Non-European Nations and European Union Future.

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