EU Investment

From 1991 Lithuania received EU financial assistance under three programmes: PHARE (preparation for the EU membership), ISPA (assistance for transport and environment sectors) and SAPARD (assistance for agriculture sector).

After becoming a full member of the EU from 1 May 2004, Lithuania gained a possibility to use the EU structural assistance under the Single Programming Document of Lithuania for 2004-2006 (SPD) and under the Cohesion Fund Strategy for 2004-2006. Total assistance granted for the implementation of the SPD and the Cohesion Fund projects for the aforementioned period amounts to LTL 5,942 million: LTL 3,090 million for the implementation of the SPD projects and LTL 2,852 million for the Cohesion Fund projects.

EU structural assistance for 2007–2013 is allocated from the European Social Fund, European Regional Development Fund and Cohesion Fund under the Lithuanian Strategy for the Use of European Union Structural Assistance for 2007-2013(i.e. the assistance granted totals more than LTL 23 billion).

The considerations towards the EU Cohesion Policy after the year 2013 at EU level have started from the middle of 2007. More intensive discussions and preparation for the new period of the use of EU structural assistance at EU and national levels started in the second half of 2010, when the Commission for solving the issues related to EU structural assistance for 2014–2020 was established in Lithuania and the European Commission published the Fifth Report on Economic, Social and Territorial Cohesion.

Before the EU membership and after becoming the EU Member State, Lithuania participates in various European Community programmes in order to support the cooperation among the EU Member States in various specific fields related to the policy of the European Communities.

Other information: EU investment in Lithuania