On May 12, 2021, the European Commission approved the new multiannual financial program 2021-2027. Different types of the financing will be distributed adapting to the needs of the program, such us: grants, loans, guarantees or technical assistance.
Among the most prominent programs are Horizon Europe, which will have a budget of 95.5 billion euros, ERASMUS +, the European Regional Development Fund (FEDER) and the Cohesion Fund, among others. All this in order to achieve a more sustainable, digital and inclusive European Union.
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