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Document 32013R1296

EU umbrella programme for employment and social policy: EaSI

EU umbrella programme for employment and social policy: EaSI

This regulation establishes a European Union programme for employment and social innovation. The EaSI aims to deliver sustainable and long-term growth and jobs, reduce divergence between EU countries and help to reduce social inequality.

ACT

Regulation (EU) No 1296/2013 of the European Parliament and of the Council of 11 December 2013 on a European Union programme for employment and social innovation (EaSI) and amending Decision No 283/2010/EU establishing a European Progress Microfinance Facility for employment and social inclusion

SUMMARY

The EaSI programme is an umbrella programme that aims to contribute to the implementation of Europe 2020, including its headline targets, integrated guidelines and flagship initiatives, by providing financial support for the Union’s objectives in terms of promoting a high level of quality and sustainable employment, guaranteeing adequate and decent social protection, combating social exclusion and poverty and improving working conditions.

The EaSI incorporates and extends the coverage of three existing programmes, namely the programme for employment and social solidarity (Progress), European Employment Services (EURES) and the European Progress Microfinance Facility, which have been allocated 61 %, 18 % and 21 % of the budget respectively.

  • Progress (programme for employment and social solidarity): supports the development and coordination of EU policy for employment, social inclusion, social protection, working conditions, anti-discrimination and gender equality. Its funding supports EU policies in three areas: employment, especially to fight youth unemployment (min. 20 %); social protection, social inclusion and the reduction and prevention of poverty (min. 50 %); and working conditions (min. 10 %). Progress is increasing support for testing social and labour market policy innovations and experimentation.
  • EURES (European Employment Services): strengthens the European Job Mobility Portal and develops targeted schemes to promote the mobility of EU workers and individuals. EURES funds are allocated as follows: 32 % to transparency of job vacancies; 30 % to develop services for the recruitment and placing of workers; 18 % to cross-border partnerships (new support services for cross-border commuters); and 20 % to cross-cutting projects.
  • Microfinance and social entrepreneurship (MF/SE): increases the accessibility and availability of microcredit - loans below EUR 25 000 - to individuals and microenterprises for setting up or developing their business. It also introduces funding for social enterprises, especially by facilitating access to finance, and seeks to build the institutional capacity of microcredit providers. MF/SE funding will be evenly spread between microfinance and social entrepreneurship, with 45 % going to each. The remaining budget will be distributed among the two.

The EaSI programme runs from 1 January 2014 to 31 December 2020 and the global budget for this period is EUR 919 million.

REFERENCES

Act

Entry into force

Deadline for transposition in the Member States

Official Journal

Regulation (EU) No 1296/2013

21.12.2013

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OJ L 347 of 20.12.2013

Last updated: 22.06.2014

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