Implementation of cohesion policy in the republic of Slovenia

Regional Development Model Terra Parzival was designed to support the main objective of the European Cohesion Policy, namely to reduce the development gap between different EU regions as they all share a common objective, i.e. to develop as fast as possible, of course on a European micro-level of the region and in periphery of the Europe, where we believe actually all bigger European changes can and must occur.

Despite the fact that the investments in the Cohesion Policy framework are targeted at the less developed regions and help them to catch up with the more developed, they also have a positive effect on the competitiveness of and living conditions in all the regions.

European Cohesion Policy grants assistance in the framework of the Structural funds as well as the Cohesion Fund and various initiatives. The programming period 2007–2013 includes two structural funds, namely the European Regional Development Fund (ERDP) and European Social Fund (ESF) as well as the Cohesion Fund. Two new funds have been established in the field of rural development, namely the European Agricultural Guidance and Guarantee Fund (EAGGF) and the Financial Instrument for Fisheries Guidance (FIFG); the two are no longer within the Cohesion Policy framework.

The main objective of the  European Regional Development fund  is to promote economic and social cohesion within the European Union and to aid assistance in the reduction of development imbalances between the EU regions. The ERDF therefore contributes to the reduction of the development gap of various regions.

The European Social fund was established to reduce the wealth and living standard gaps in the EU Member States and regions and to promote economic and social cohesion. The main objective of the ESF is to invest in human capital, create jobs, and promote employability and employment and to strengthen innovativeness.

The Cohesion fund  is a financial instrument which has been, since 1994, helping the Member States n reducing economic and social disparities and stabilising their economies. The Cohesion Fund finances up to 85% of eligible expenditure of major projects involving the environment and transport infrastructure. Eligible are the least prosperous Member States of the Union whose gross national product (GNP) per capita is below 90% of the EU average.

Slovenian and Regional Development Strategies 2014-2020
The following strategic documents that will importantly shape Slovenian (and thus regional) social and economical development in the forthcoming period:
Smart specialization strategy and implementing a strategic plan for the restructuring and development of the Slovenian economy and society with the support of EU funds in the period 2014-2020

 Development Report 2013 
– Regional Development Strategy for Podravje 2014-2020 (in drafting)
–  Regional NGO Development Strategy for Podravje 2014-2020
– Slovenian Development Strategy (in drafting) 2014-2020 

To be a realistic and successful Terra Parzival – European Model of Regional Development 2014-2020 in Slovenia through Co-creation of the Macro-violin was developed in line with the main findings and key points of the listed documents with the added value deriving from its innovative cultural and historical dimensions.

Smart specialization strategy and implementing a strategic plan for the restructuring and development of the Slovenian economy and society with the support of EU funds in the period 2014-2020

In the EU 2014-2020 financial mechanism Slovenia has secured 3,3 billion EUR of cohesion resources that will be mainly used for fostering so called “Smart Specialisation” in economic sector. 

Since the outbreak of the crisis Slovenia has been moving away from the EU average in terms of economic development, and there has been no visible progress in exploiting synergies between environmental and economic development. The decline in economic activity in Slovenia during the crisis was among the largest in the EU. Several years of unfavourable economic conditions have brought a significant deterioration in the situation on the labour market, which alongside the cuts in pensions and social transfers in 2012 has deepened the decline in disposable income seen in the last few years, and hence the material welfare of households. Environmental pressures are mostly not increasing in the adverse economic situation, but there have also been no major shifts towards their sustainable reduction.« 

The setback in development is the result of the structural weaknesses in the economy, which have been a major factor in Slovenia’s difficulties in accessing financing during the crisis.

The objectives intended shall be achieved in Regional development strategy of Podravje via the following key development activities while improving quality of life with regard to the principles of sustainable development.

Source: Ministry for economical development and technology.