Is Portugal the EU country with the greatest “weight of EU funds in public investment”? Yes, at the level of 88%
“Portugal, Europe’s biggest beggar, [António] Costa is the biggest, vote for Costa. Doctor Costa’s critics say that he has been since Dona Maria II and has not left a single work. It’s not true and it’s not fair. I’m not just talking about the state in which he left the National Health Service, with the precious help of Dr. [Marta] Feared, nor of the 70 thousand employees that added more to the inventorynot even a public reference that at its expense increased by 44 billion from 236 to 280 billion”, reads a publish of 19 July which broadcasts the chart in question.
“I only underline the invaluable contribution that Dr Costa and his two Governments have given to consolidator the position of the English welfare state as the supreme mendicant of Brussels and his funds“, concludes.
The graph was created by +Liberdade Instituteon 5 July, and supports the claims that “Portugal is, throughout the European Union, the country that most depends on community funds to invest (88% of all public investment in Portugal comes from EU funds)” and that “no other Member State has a dependency ratio on European funds so high such as Portuguese, according to the Commission’s recent report on European the most recent”.
The Polygraph consulted the “Eighth report on the economic, social and territorial solution – A2 in Europe on the horizon of 2050“, not to which the millions of euros received by each Member State through the European Regional Fund (ERDF), the European Social Fund (ESF), the Cohesion Fund (CF) and the Youth Employment Initiative (IEJ) are added. ). A comparison is also made between the period from 2007 to 2013 and the most recent period, from 2014 to 2020.
According to the European Commission, the policy of the European Commission the reduction of disparitieswhile “economic modeling indicates that, in 2023, GDP [Produto Interno Bruto] per capita it will be 2.6% more lift surrounded in less developed regionsthank you to policy support in the period 2014-2020″.
“Following the contraction of national public investments, due to the economic and financial crisisthe policy to support the important investment. In the Cohesion Fund beneficiary countries, the financing of the guidance policy increase total public investment from 34% to 52%between the 2007-2013 programming period and the 2014-2020 programming period”, highlights the report.
It would thus be predictable that without the public policy of countries “even greater reduction in investment”. The Commission that Covid-19 policy by mobilizing additional fundingby maximizing crisis response expenditures, higher co-financing rates”.
However, “were it possible for the States to help the regions in the region, the response to the policy i crisis must now. So and back to yours. central mission of reducing regional disparities and promote the long-term regional development“, he remarks.
Looking now at the graph showing the ERDF and Cohesion Fund allocations vis-à-vis public investment, in the 2007-2013 and 2014-2020 periods, it is a fact that, in the latter period, Portugal was even the Member State that benefited the most of funds, with a percentage of funds 88%. This is followed by Croatia and Lithuania, countries where European funds have guaranteed less than 70% of their public investments.
Less dependent on Brussels are in Luxembourg, the Netherlands and Denmark, where less than 1% of public investment is made from European funds.