Politics

506 Million Euros for Green Transition for Three Croatian Regions

May the 3rd, 2022 - Three Croatian regions in different parts of the country are set to get their hands on as much as 506 million kuna in the name of pushing the green and digital transition forward.

As Poslovni Dnevnik writes, the three Croatian regions of Pannonian Croatia, Northern and Adriatic Croatia will receive a separate allocation of 506 million euros for further investments in green and digital transition of their local economies, as was announced on Friday the Minister of Regional Development and EU Funds, Natasa Tramisak, at the opening the Conference on Industrial Transition of Croatian Regions held at the Faculty of Agrobiotechnical Sciences in Osijek.

Back in December 2020, the Ministry of Regional Development and European Union (EU) Funds began the process of industrial transition of NUTS 2 Croatian regions, which includes Adriatic, Northern and Pannonian Croatia. Namely, these regions are significantly below the EU development average and have the potential to strengthen their respective competitiveness by using the opportunities offered by global trends to revive economic growth and increase overall productivity.

The transition will be implemented with the help of European Union funds under the new Integrated Territorial Programme, which provides for the allocation of 506 million euros, which will be available only to enterprises owners and businessmen from the aforementioned three Croatian regions.

"We're completing the process of approving operational programmes, of which the plans for the industrial transition of Croatian regions for the period 2021-2027 are an integral part," added Tramisak.

Croatia's more obvious shift at least towards the digital transition occurred primarily as a result of the global coronavirus pandemic which saw very many ''in person'' errands quickly made available online, and more and more can be done administratively from the comfort of the home thanks to the popular e-Citizens (e-Gradjani) portal. That said, Croatia is still very much behind the times in many of these aspects, hence the cash injections aimed at improving this quickly as part of the EU's wider goals as a bloc.

For more, make sure to check out our dedicated politics section.

Search