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i 
 

Vice-President of the
Commission of the European
Economic Communities 1962-
1963, on regional policy (July
1962)
ï

 
 


]      one of the
main tasks of the Community has been to
promote an µharmonious development of
economic activities¶. The need for a
coordinated community solution to regional
problems and the correction of regional
imbalances was also recognised in
Commission reports, a first communication
(1964) and a subsequent recommendation
(1969). The Assembly (today¶s EP) expressed
its support in resolutions during the 1960s. The
first enlargement (IRL, DK, UK) and the
objective of an Economic and Monetary Union,
made the Heads of State and Government
decide in October 1972 to create a Regional
Development Fund. Based on art. 235 of the
Treaty (today¶s art. 308), the Council agreed
unanimously on the first ERDF regulation in
December 1974.
"



  

European Community, 1964
• On 18 march 1975, the first ERDF regulation entered into force. Following a
Council debate in Paris in December 1974, a budget of 1.4 billion "units of
accounts" (the then budget's "currency") for the years 1975 to 1977
representing some 4% of the budget's had been split between the then nine
Member States. Three actions were defined as eligible up to 50% of public
expenditure, and preferably to be carried out in national state aid areas: 1)
investments in small enterprises creating at least 10 new jobs; 2)
investments in infrastructure related to point 1, and 3) infrastructure
investments in mountainous areas, which had to be eligible to the
agriculture guidance fund, too. Member States had to apply for ERDF
support at project level. Decisions were then taken in a committee of
Member States based on Commission proposals.
i  
 
Regional Policy Commissioner
between 1973 and 1977
presents the report on the
economic and social
development of the EC regions
in 1973
ï

 
 


g "  
Regional Policy Commissioner
between 1988 and 1995 on
eligibility under Objective 2
between 1989 and 1993 and
the reform of 1993.
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