EU financial assistance is provided through structural funds including the community initiatives, the Cohesion Fund and trans-European network, TENS, funding.
The Objective One, BMW, region was allocated 1,253.3 million, £987.1 million between 2000-06 in EU structural funds assistance. The Peace II operational programme provides further structural fund assistance to the BMW region of 106 million, £83.5 million; therefore the total structural fund contribution to the BMW region is 1,359.3 million, £1,070.5 million. The southern and eastern region, which is referred to as the Objective One in transition region, has been allocated financial assistance from the structural funds of 1,812.8 million, £1,427.7 million. The larger amount for the southern and eastern, S&E, region reflects the region's higher population. On a per capita basis the figures are 1,360.3, £1,071.3, for the BMW region and 652.4 £513.8 for the S&E region. There is further EU financial assistance of 567.4 million, £446.9 million, available from the Cohesion Fund and 42.8 million, £33.7 million under the trans-European networks, TENS, funds, these are provided for projects at national level.