(12 June 2015) – KPMG’s recent publication, ‘EU Funds in Central and Eastern Europe, Progress Report 2007-2014’, compiles data from countries in the region to provide a benchmark of their achievement regarding EU funds in 2007-2013 and to offer insights into fund implementation in the 2014-2020 programming period.
How can member states in Central and Eastern Europe uptake and implement available EU funds more efficiently in the future? The contribution of EU funding to the economies in Central and Eastern Europe (CEE) countries cannot be overstated, but how can the process be enhanced?
The countries covered in the report are: Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the last programming period, these 11 countries were able to access nearly EUR 176 billion, which translates to as much as 15.5% of average regional GDP for CEE.
KPMG’s survey shows the history of how such funds have been utilised over the last programming period 2007-2013, analysing the results which can be used to formulate appropriate policy measures.