Croatia Meets Criteria for €6.8 Billion from New Financial Envelope

ZAGREB, 9 July, 2022 - Croatia has met the condition for the withdrawal of €6.8 billion from a new EU financial envelope, the Croatian Regional Development and EU Funds Ministry stated in a press release on Saturday.

On Friday, the ministry forwarded to the European Commission the final versions of the necessary agreements, operational programmes and the Integrated Territorial Investment (ITI) programme.

The process of of programming for the financial envelope under the Competitiveness and Cohesion programme and the ITI finished on 8 July and the necessary documents were forwarded to the EC, whereby Croatia acquires the eligibility for the absorption of funds from the new financial envelope as of September 2022.

The 2021 - 2027 Competitiveness and Cohesion is worth €5.031 billion.

The 2021 -  2027 Integrated Territorial Investment (ITI) programme is worth €1.514 billion.

Minister Nataša Tramišak thanked all those who participated in the process of preparing the necessary documentation.