European Social Fund, ESF

European Social Fund logo (Photo: http://www.esf.gov.uk/)

European Social Fund, ESF

Created as a part of the EU budget as the first structural fund from the Treaty of Rome. It is the EU's main source of finance for the creation and protection of jobs. In this way the European Social Fund works to reduce differences in living standards between regions of the EU.

 

Links

http://www.europarl.eu.int/factsheets/4_8_2_en.htm