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Implementation of the Community measures of the growth initiative

A Commission communication on the implementation of the Community measures of the growth initiative sets out the specific Community elements contributing to this initiative. Before the Edinburgh Council, the Commission presented its ideas for an initiative to promote economic ...
A Commission communication on the implementation of the Community measures of the growth initiative sets out the specific Community elements contributing to this initiative. Before the Edinburgh Council, the Commission presented its ideas for an initiative to promote economic growth and reduce unemployment. This formed the basis for the agreement by the Heads of State and Government on the recovery plan for Europe. The specific elements of the Community part of the initiative are:

- The European Investment Fund;
- European Investment Bank (EIB) facility of ECU 5 billion;
- Trans-European networks;
- The Cohesion Fund and the Structural Fund;
- Small- and medium-sized enterprises;
- Training;
- Research and development;
- The Internal Market.

In the context of research and development the Commission intends to put the accent on improving the management and efficiency of Community research, including immediate steps to encourage national organizations to take initiatives in proposing consortia and a small reserve of research funds to finance the pre-competitive part of EUREKA.

Increasing the selectivity of research actions so that work be targeted more on generic technologies is also a priority as is training and human resources development to ensure access by the work force, especially in SMEs, to the latest innovations and R&D results through improved attention to continuing training of key personnel. This effort will build on the experience of the existing Community programmes, COMETT, ERASMUS and FORCE.

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