Interreg Baltic Sea Region news

An interesting year ahead for Interreg Baltic Sea Region. As underlined by Susanne Scherrer, Director of the Managing Authority/ Joint Secretariat, in the course of 2018 projects of the first call will deliver their main outputs, project platforms will pick up their work to maximise the effects of projects’ results and the vast majority of the Programme’s funds will be allocated to the third call project selection. From 5 October 2017 to 15 January 2018, Interreg Baltic Sea Region was accepting new project ideas for a more innovative, better accessible and sustainable Baltic Sea region in the third call for project applications. As many as 269 project idea forms have been submitted throughout this time period.

As for the Baltic Sea cooperation with Russia, the Financing Agreement between the Russian Federation and the European Commission has successfully been concluded and signed. A total of EUR 8.8 million of EU and Russian funding is now available to enable full participation of Russian partners in our cooperation projects and thus closes the circle of countries bordering the Baltic Sea. According to the Financing Agreement, the European Commission allocated EUR 4.4 million from the European Neighbourhood Instrument (ENI) to Interreg Baltic Sea Region for Russian beneficiaries. In parallel, Russia earmarked EUR 4.4 million for the Programme budget. The funding rate for Russian partners is up to 85%. All funds will be implemented based on the same set of Programme rules.

At the same time, the foundation of Transnational Cooperation funding after 2020 is being laid. The document is a good opportunity to take a look at the role that Interreg transnational programmes actually play in the context of the EU’s cohesion policy and at the added value of transnational cooperation from the Baltic Sea region and across Europe.

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