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2000-2006 – Regulation of the labour market policy, Establishment of new workplaces through support to entrepreneurs

The European policy is now focused on the employment issue. Support is granted for development of the labour market policy of the member states. The ESF becomes the most important financing source of this objective. Approximately 10% of the total EU budget is used for the ESF.

The main areas of activity are support to general and vocational training, lifelong learning.

The ESF’s support is granted to individual people. However, the positive effect usually exceeds benefit to one person. The most of the programs support the unemployed, realising new ideas and starting new businesses. Further training and consultations ensure long-term success.

In 2004, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia joined the EU.