What is the global financial allocation for the EFF and how is it determined?
According to the new Financial framework for 2007-2013 approved by the European Council in December 2005, the total EFF budget amounts to € 3 849 million (2004 prices) of which € 2 908 million for the Convergence areas and € 941 million for the non Convergence areas.Taking into accounting that 0.8% should be reserved to the technical assistance to be managed by the Commission, the remaining total EFF budget allocated to MS in 2004 prices is € 3 818 million (€ 2 885 million for Convergence regions and € 933 million for non Convergence regions).