The cohesion fund
The cohesion fund finances specific infrastructural projects relating to transport and the environment in countries with a level of wealth below 90 per cent of the EU average. All new EU countries, including Malta, will qualify for cohesion...
The cohesion fund finances specific infrastructural projects relating to transport and the environment in countries with a level of wealth below 90 per cent of the EU average. All new EU countries, including Malta, will qualify for cohesion funding.
Examples of cohesion fund projects include the construction of a second terminal and ring road in the Port of Piraeus in Greece. The total cost of this projects was €97.5 million, of which the EU paid €45 million.