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Opportunities to Finance Cross-Border Regions from European Funds and in Particular the INTERREG Initiative

Author

Listed:
  • Oleksand Diakoniuk

    (“Ștefan cel Mare†University of Suceava)

  • Liliana Chihaia (Sava)

    (“Ștefan cel Mare†University of Suceava)

Abstract

The article is dedicated to the description of the financing instrument for cross-border cooperation within the European Union, which in recent years has become an important instrument of European Union policy in the context of regional development, including cooperation with nonEU border regions. The article aims to analyze the INTERREG financial support instrument, analyzing the evolution of this instrument and its main objectives. The European Territorial Cooperation Instrument has significant financial and administrative resources, provides support to EU regions and economically underdeveloped third countries, ensures the development of an innovative economy and activates cooperation programs in new directions. For the research, the reports published by the European Commission, statistics and scientific articles by other authors specialized in this field were used.

Suggested Citation

  • Oleksand Diakoniuk & Liliana Chihaia (Sava), 2021. "Opportunities to Finance Cross-Border Regions from European Funds and in Particular the INTERREG Initiative," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 82-88, August.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:1:p:82-88
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    More about this item

    Keywords

    Neighborhood Programs; INTERREG; Financial instrument; Cross-border cooperation;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • F3 - International Economics - - International Finance
    • F5 - International Economics - - International Relations, National Security, and International Political Economy

    Statistics

    Access and download statistics

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