The Programme brings together five (5) countries, three (3) EU member states (Bulgaria, Cyprus and Greece) and two (2) candidate countries, Albania and the formerYugoslav Republic of Macedonia.
It is the first time ever that the European cooperation addresses the Balkan Peninsula and the Eastern Mediterranean Sea together, in a joint effort across maritime and terrestrial borders, to contribute to the “EU 2020” strategy, for smart, sustainable and inclusive growth.
The BalkanMed Programme is co-financed by the European Regional Development Fund (ERDF) with 28.330.108,00 Euros. The total support from the Instrument for Pre-Accession Assistance (IPA) fund accounts for 5.126.138,00 Euros. Therefore, the total budget of the Programme, including national contribution, is 39.727.654,00 Euros.
BalkanMed is focused on addressing two key challenges: territorial competitiveness and environment. Accordingly, the Programme is built upon the following two Priority Axes:
- Priority Axis 1: “Entrepreneurship &Innovation”
- Priority Axis 2: “Environment”
See more: https://sites.google.com/site/interregbalkanmed/