ARTICLE · 25 JUNE 2015

EU Approves Funding For Mediterranean Cooperation

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The European Commission has approved the Interreg Med Cooperation Programme 2014-2020 with a budget set at €275 million.

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The European Commission has approved the Interreg Med Cooperation Programme 2014-2020 with a budget set at €275 million. This initiative will enable 10 Mediterranean regions amongst the EU member states to collaborate together alongside another 3 candidate countries on various projects addressing the territories' similar priorities.

Parliamentary Secretary for EU Presidency 2017 and EU Funds, Ian Borg, confirmed this during an informative session organised by the government's Fund and Programming division. The countries involved in this programme are Malta, Portugal, Spain, France, Italy, Slovenia, Croatia, Greece, Cyprus and UK-Gibraltar. The 3 additional candidate countries are Bosnia-Herzegovina, Montenegro and Albania.

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