1. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu T HE CONTEXT OF E UROPEAN T ERRITORIAL C OOPERATION IN THE NEW LEGAL FRAMEWORK FOR C OHESION P OLICY 2014-2020

2. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu Territorial Cooperation

3. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu Lessons learned from 2007-2013 Strengthened EU economic governance – Cohesion policy used as anti-crisis tool – C.P. as an instrument of EU 2020 – while maintaining solidarity goal – Increased pressure for producing results Place-based development policy – More emphasis on territorial development – Emergence of macro-regional strategies Pressure for simplification

4. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu New provisions 1.Strategic programming and Thematic concentration 2.Ex-ante conditionalities and result orientation 3.Integrated use of funds and use of financial instruments 4.Integrated approaches to territorial development 5.E-government requirements, simplification

5. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu 1. Strategic Programming and thematic concentration Europe 2020 1.R&D and innovation 2.Access to IT and Communication 3.Competitiveness and SMEs 4.Low-carbon economy 5.Climate change adaptation 6.Environment and resource eff. 7.Sustainable transport 8.Employment and labour mobility 9.Social inclusion 10.Education and life-long learning 11.Public administration At least 80% of the ERDF allocation for any CBC or transnational programme shall be concentrated on not more than 4 thematic objectives

6. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu 2. Ex-ante conditionalities and result orientation To ensure that the necessary prerequisites for the effective and efficient use of Union support are in place With objective criteria to measure Commission to assess timely fulfillment Proven failure may lead to suspension of interim payments

7. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu 3. Integrated use of funds and use of financial instruments Combination of different funds. – New co-ordination mechanisms Access to finance to be based on – Loans – Guarantees – Risk capital funds Involvement of EIB Wider scope of application: not just SME

8. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu 4. Integrated approaches to territorial development The specific needs of territories should be addressed in an integrated manner, through: – Community-led Local Development – Integrated Territorial Investments – Sustainable urban development Mechanisms to ensure the coherence of using different funds in – Territories with permanent geogr. handicaps – Territories struck by poverty & social exclusion – The context of macro-regional strategies, etc.

9. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu 5. E-government requirements, reducing administrative burden Electronic data exchange Simplification Lump sum Requiring less documentation

10. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu „we keep your promises”

11. ALTUS Ltd. 1074 Budapest, Dohány u. 12-14. Floor 7. Telephone: +36 1 311 – 4438. Fax: +36 1 353-3059 E-mail:dobrev@altus.hu Thank you for your attention! Klara Dobrev Dr. CEO of ALTUS Ltd dobrev@altus.hu