50 Euros

European Funds in the Region of Madrid

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The General Sub-Directorate for European Funds and Regional Policy coordinates the programs co-financed by the European Structural Investment Funds (EIE), for which the General Directorate for Budgets has been appointed intermediate body. Based on this, it is in charge of coordinating the actions carried out by the different organizations of the Autonomous Community in the field of the operational programs of the EIE Funds of the Community of Madrid, which are financed through the Frameworks Multiannual Financial Statements of the European Union. 

Programming Period 2021-2027

The Multiannual Financial Framework (MFF) is the long-term budget of the European Union, through which the priorities established by the EU will be reinforced, promoting the green and digital transition of the regions and Member States, the creation of employment and the economic recovery after the COVID-19 pandemic. Thus, the MFF corresponding to the period 2021-2027 was adopted for a global amount of 1,8 trillion euros, through the approval of the Regulation (EU, EURATOM) 2020/2093, of the Council, of December 17, 2020.

The section on Cohesion, resilience and values ​​constitutes the main investment instrument of the EU to promote social, economic and territorial cohesion between the Member States, with the aim of reducing existing disparities. In this sense, through these instruments, it is intended to support job creation, business competitiveness, sustainable development, care for the most disadvantaged and the improvement of the quality of life of EU citizens.

All the aforementioned actions will be carried out through the European Regional Development Fund (ERDF) and the European Social Fund Plus (ESF+), which are regulated by the Regulation (EU) 2021/1060 of the European Parliament and of the Council of June 24, 2021, regarding the common provisions for five of the European Union funds, whose five Political Objectives are the following:

  1. A more competitive and intelligent Europe;
  2. A greener Europe;
  3. A more connected Europe;
  4. A more social and inclusive Europe;
  5. A Europe closer to its citizens.

This consolidated version includes, among others, the modifications provided for by the Regulation (EU) 2024/795 of the European Parliament and of the Council, of 29 February 2024, establishing the Strategic Technologies Platform for Europe (STEP)

Finally, it is worth noting the approval, on November 18, 2022, by the European Commission, of the Spain Association Agreement 2021-2027 for the reception of 36.682 million euros from the FEDER, ESF+, FEMPA and FTJ funds. This is the strategic document that includes the basic approach and investment priorities of the aforementioned funds.