Implementation of the European structural and investment funds (ESI funds) has now“reached cruising speed” after a particularly difficult start, with a number of projects selected in October 2017 worth €278 billion, or 44% of the total investment plan for the period from 2014 to 2020 (ESU funds and co-financing). Some €198 billion of this comes from the EU budget, according to our information.
The European budget for the ESI funds amounts to €454 billion for the current period....