The European Social Fund (ESF) is the main policy tool used by the EU to support employment, ensure more equitable employment opportunities for all.
The ESF invests in human capital: workers, young people and those in search of a job. With a budget of € 10 billion a year, the ESF will increase the employment prospects of millions of European citizens, paying particular attention to who is more difficult to find work.
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The ESF to Italy in 2007-2013 amounted to € 14 billion from EU funds (6.9 billion €) and National (€ 7 billion).
The goal of BEST is to award least 300 Italians per year at a cost of Euro 525,000 per Region
The European Social Fund 2014-2020 is enhanced especially in the following areas:
- establishment of a minimum in the ESF budget allocated to each category of regions, the highest elevation of the previous one (about 25% for the less developed regions, 40% for those “in transition” and 52% for the more developed ones);
- in total it comes to at least EUR 84 billion for the ESF against 75 of the current programming