Improving the Regional Economic Structure
“Joint Task Improving the Regional Economic Structure”
(“Gemeinschaftsaufgabe – Verbesserung der regionalen
Wirtschaftsstruktur” – GRW)
The framework of the “Joint Task Improving the Regional
Economic Structure” (“Gemeinschaftsaufgabe – Verbesserung
der regionalen Wirtschaftsstruktur”) or Joint Task Program
(Gemeinschaftsaufgabe – GRW) regulates the distribution of
non-repayable cash incentives, loans, and guarantees. Typically,
these incentives are earmarked for commercial investments
and investments in local economic infrastructures. Joint Task
incentives are limited to distinct, economically weak regions and
are intended to create and maintain competitive, permanent jobs
in the respective region.
The Joint Task Program grants non-repayable cash payments
which are based on either investment costs or assumed wage
costs.
EU Forecast
euf:ba18f:74/nws-01