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Commission awards ECU 69 million for industrial restructuring in Burgundy

The European Commission has approved, in principle, the award of ECU 69.7 million under Objective 2 of the Structural Funds for industrial restructuring in Burgundy, France. The funding, which is to be matched by funding from the private and public sectors in France, will go ...

The European Commission has approved, in principle, the award of ECU 69.7 million under Objective 2 of the Structural Funds for industrial restructuring in Burgundy, France. The funding, which is to be matched by funding from the private and public sectors in France, will go to a series of initiatives designed to create and safeguard jobs. A total of ECU 204.79 million will fund actions responding to four priorities: - Encouraging economic development; - Restructuring and improving the available sites; - Developing human resources; - Reinforcing environmental protection.

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