New EU states keen to hear how Ireland gained from Structural Funds (12/6/08)

June 12, 2008 at 5:21 pm Leave a comment

Delegates from some of the EU’s newer states attended a meeting in Brussels this week to hear how Ireland has made the best use of its EU funding. Government officials and economic experts explained how Ireland negotiated and managed its share of EU structural funds to create an economic model that became the envy of Europe.
The seminar was chaired by Independent MEP Marian Harkin, who described it as an opportunity for recent accession states to learn from the Irish experience. ‘Ireland is seen as an example of a country that has used structural funds to its greatest advantage,’ she said. ‘Countries like Romania and Bulgaria are hoping to achieve for their countries what we achieved for ours.’ Fianna Fáil MEP Sean O Neachtain pointed out that while EU funding helped accelerate Ireland’s economic growth, particularly in the 1990s, domestic policies also played a crucial role. His said, ‘It’s a twin-track approach. Structural funds should be used to upgrade infrastructure, but also to develop a highly-skilled and educated workforce.’
Ireland has benefited to tune of almost €19 billion euro in structural funds since 1973. Of that total, €10 billion has been channelled through regional and cohesion funding towards transforming Ireland’s infrastructure; providing modern roads, ports, regional airports, third level institutions and water treatment facilities. €6 billion has been drawn down through the European Social Fund, which has put in place training programmes for early school leavers and the long-term unemployed, as well as retraining workers with new skills. The remaining €2.8 billion came under the Agricultural Guidance programme, for promoting rural development.

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Entry filed under: EU funding.

Munster carers take part in European interest group (12/8/09) Dim the lights – EU funds available for cutting street light glare (12/6/08)

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