The programme

Introducing the Interreg V-A Greece-Italy Programme 2014-2020

The European Territorial Cooperation Programmes support the European Union policy aimed at “Greater growth and more jobs for all regions and cities of the European Union”, a key message of the 2014-2020 Programming Period.
The main objective of this Community Initiative is to promote Cross-border, Transnational and Interregional Cooperation in the European Union, and it is designed to strengthen economic and social cohesion while encouraging balanced development and promoting competitiveness. Particular emphasis has been placed on the integration of remote areas and neighboring countries with candidate and potential candidate countries for membership in the European Union (EU).
Regarding the financing of the Program, it is carried out from the resources of the European Union as well as from the national resources of the participating countries.

The Interreg V-A Greece-Italy Programme (GR-IT) connects eleven (11) regions of Greece and six (6) of Italy.
This program is based on the achievements of the previous programming period 2007-2013, taking into account the results of the ongoing evaluation and the current economic, environmental and social challenges in the Ionian Sea and on the border between Greece and Italy.

More details at https://greece-italy.eu/what-is-interreg-v-a-greece-italy-programme/

Overall objectives & Vision

The overall objective of the programme is to support strategic cross-border co-operation between Greece and Italy for a more prosperous and sustainable region across the Ionian Sea. Emphasis is placed upon the foundations of a dynamic economy that fosters smart, sustainable and inclusive growth with the goal of improving the quality of life of those living in the cross-border area.
Vision: Supporting the strategy of Cross-Border Cooperation for a more prosperous and sustainable region in the Ionian Sea. Emphasis on creating a dynamic economy that promotes smart, sustainable and inclusive development, with the aim of improving the quality of life of the residents of the eligible area”.

The programme budget

The Programme has a total budget of 123,176,896 € and is co-financed by the European Regional Development Fund (ERDF) at a rate of 85% with an amount of 104,700,362 € and and by the 2 member states through a national co-financing at the rate of 15%, for the 2014-2020 period.