Gobierno de España. Ministerio de Hacienda Y Función Pública Secretaría General de Presupuestos y Gastos
Unión Europea

Regional Policy and its Instruments

The regional policy developed by the General Administration of the State is applied via different instruments. The most important, according to their financial characteristics and size, are the following: European Structural Funds; The Interterritorial Compensation Fund; State assistance for regions; Local State Cooperation

Of these instruments of regional policy, the most important, due to their financial size, are theEuropean Structural Funds. Spain has received between 2000 and 2006 a total of 60.75 billion euros (from 2004) and will receive 31.54 billion euros (from 2004) in the period 2007-2013.

The application of the European Structural Funds in the regions selected for each Objective is based on a set of multi-year programming documents, developed by the Spanish government, which must be approved by the European Commission.