Definitions for "INTERREG"
A Community initiative which aims to stimulate interregional cooperation in the EU. It is financed under the European Regional Development Fund (ERDF). It covers three types of cooperation: cross-border, transitional and interregional
The Community initiative launched in 1990 in recognition of the particular problems faced by border regions in an integrating Europe. Subsequently, there has been a substantial increase in funding of the Interreg programme, and a broadening of its scope from land borders in Interreg 1, to maritime borders in Interreg 11 and transnational regions in Interreg 11C.
Interreg III is a Community Initiative promoting cross border, transnational and inter-regional cooperation. It is financed by the European Regional Development Fund (ERDF). (See also Community Initiatives; Structural Funds.)