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Synthesis Report - European Commission - Europa

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Ex-post Evaluation of the ERDF 2000-2006<br />

<strong>Synthesis</strong> <strong>Report</strong><br />

In the other two countries where large-scale finance for transport was provided by the ERDF, it is<br />

estimated to have accounted for around 11-12% of investment in the Eastern Länder in Germany<br />

and around 9-10% of investment in the South of Italy 29 . Elsewhere, the ERDF was less important<br />

as a source of finance, though it was still responsible for almost 7% of total investment funded<br />

from public sources in Ireland over the period.<br />

In all these countries, it should be noted that the contribution of the ERDF and the Cohesion Fund<br />

to transport investment was still less than loans from the <strong>European</strong> Investment Bank (EIB), which<br />

added just under 7% to overall funding and probably a much larger proportion to funding in<br />

Objective 1 regions.<br />

The contribution of the ERDF and the Cohesion Fund helped to increase investment in transport<br />

to relatively high levels relative to GDP in both Spain and Ireland (to around 1.7-1.8% of GDP),<br />

more than in any other EU15 country apart from the Netherlands. EU funding added much more<br />

to investment in Greece and Portugal, though it still left overall spending on transport relative to<br />

GDP much less than in the UK or Finland and less than half that in the Netherlands.<br />

In the EU10, investment in transport financed from public sources was almost twice as high in<br />

relation to GDP over the 2000-2006 period as in the EU15 (around 2.2% of GDP). It was<br />

particularly high in the Czech Republic and Slovakia, amounting to over 3% of GDP. In Hungary,<br />

on the other hand, investment in transport is estimated to have been lower than anywhere in the<br />

EU25 apart from Belgium, most of this coming from the Cohesion Fund.<br />

The ERDF made a slightly smaller contribution to investment in transport in these countries than<br />

in the EU15. While it accounted for only just over 3% of total investment over the period, given the<br />

fact that it was operational only from May 2004, it was probably responsible for closer to 10% of<br />

the investment carried out from then until the end of 2006. The ERDF was particularly important<br />

in Latvia and Lithuania, as well as in Hungary, accounting for perhaps 15-20% of investment over<br />

the last two years of the period. It was also relatively important in Poland, accounting for perhaps<br />

close to 10% of investment over the latter period. In all three cases the Cohesion Fund added<br />

considerably to this.<br />

The Cohesion Fund generally was much more important as a source of funding in EU10 countries,<br />

accounting for almost 16% of the total investment over the period 2000-2006 and probably over<br />

a third of the total carried out over the last two years of the period. Loans from the EIB, however,<br />

were again larger in scale than funding from the ERDF and the Cohesion Fund, adding around<br />

22% to total public funding.<br />

3.4.3 What was the funding spent on?<br />

A large part of the finance from the ERDF allocated to transport over the programming period<br />

went on roads. In Objective 1 regions in the EU15, some 14% went on motorways and another<br />

44% went on other roads, making almost 60% altogether (Table 3.6 – some 2% of expenditure was<br />

unclassified, much of it probably going on roads; it should be noted that the figures in the table<br />

relate to the total allocation of the ERDF to transport for the 2000-2006 programming period; the<br />

figures are, therefore, larger than in the previous table which relate to expenditure over the<br />

period 2000-2006 only).<br />

29 These estimates as well as that for Spain are based on the same assumption as for the EU15 as a whole.<br />

81

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