The European Commission adopted new transnational cooperation program for the Danube region for the period 2021-2027.
The Danube Region Program involves 9 EU countries (Austria, 2 German regions: Baden-Württemberg and Bayern, Czech Republic, Slovak Republic, Slovenia, Croatia, Hungary, Romania and Bulgaria) and 5 non-EU countries (Bosnia and Herzegovina, Montenegro, Moldova, Serbia and Ukraine).
The budget is EUR 266 million and it is financed by European funds. The newly approved program is part of the European Territorial Cooperation (ETC) also known as Interreg Europe, which has been an important part of the EU Cohesion Policy since 1990. The intention is that EU countries jointly create projects that will help them solve shared territorial, social and economic problems.
*The information in this announcement does not represent legal advice and is provided for general informational purposes only.
04/12/2022