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/ FT.com Europe / Brussels briefing - Poland to replace Spain as largest recipient of EU fundsSkip to main content, accesskey 's' Homepage, accesskey '1' Financial Times FT.com Search FT.comThursday Jul 13 2006 All times are London time Search News in the FT.com siteSearchSearch Quotes in the FT.com siteQuotesEUROPE Brussels briefingBreadcrumb trail navigation:FT Home > World > Europe > Brussels briefingEDITOR S CHOICE In depth: Brussels briefingMixed record in making poverty history A year since Live8 promises have been dashedBush accused of short-changing overseas spendingLargest companies donate 1.07bn to charity'Friends of fish' denounce EU aid packageDeveloped countries maintain $280bn in farm aidLATEST WORLD NEWS Victory for Brussels on roaming chargesVodafone attacks EU roaming charge planBrussels under fire for slow dispersal of aidEU ministers to endorse financing revampEU waters down plan to cut mobile feesMicrosoft faces big jump in antitrust finesBrussels to act over securities deadlock Poland to replace Spain as largest recipient of EU funds By George Parker in Brussels Published: July 13 2006 19:40 | Last updated: July 13 2006 19:40 Poland is to receive almost 60bn of regional support over the next seven years, overtaking Spain as by far the biggest recipient of federal transfers from the European Union budget. Danuta Hubner, EU regional policy commissioner, on Thursday set out where money from the EU s 308bn ($392bn, 213bn) structural fund programme will go, and how she hopes it will be spent. ADVERTISEMENTMs Hubner wants Europe s poorest regions to focus on raising competitiveness, with less emphasis on prestigious political projects such as new roads and railways and more on laboratories and high-tech clusters. The breakdown of the programme shows how money is being targeted on 10 new EU members from the former communist bloc: the Czech Republic will get 23.6bn, Hungary 22.4bn and Romania, expected to join the union next year, 17.3bn. Among old member states Spain will receive 31bn, Germany 23bn mainly in the east of the country and France 12bn. Ms Hubner, a Pole, on Thursday published her guidelines on how the money should be spent, focusing on the EU s economic priorities of raising competitiveness, fostering innovation and creating jobs. Her figures reflect the deal struck by EU leaders at a summit last December. A total of 62 per cent of all money spent should be earmarked for projects directly linked with the EU priorities of creating jobs and growth, the first time such an approach has been used. Ms Hubner says this marks a shift to spending priorities in the 2000-6 regional programme, where 44 per cent of structural funds were spent on infrastructure projects, including ambitious road and rail schemes in Spain. That package, which expires this year, was agreed before the EU s Lisbon summit of March 2000 which vowed to make the Union the world s most competitive, knowledge-based economy. Many new members have studied how countries such as Ireland and Finland turned largely agrarian economies into high-tech centres, by investing in education, skills and clusters. But Ms Hubner points out that transport infrastructure projects still play a key role, highlighting the chronic traffic problems around Dublin, the Irish capital. This is not a one-size-fits-all approach, she said. These are policies which must be driven from the bottom-up. There will be some poor countries where investors will simply not go unless there is a decent road. Nevertheless, the EU s regional policy over the last decades is littered with vanity political projects with questionable value, a problem particularly visible in parts of the Italian south. New member states are not officially required to earmark money for core economic projects but she expects them to set high targets. Last December s EU summit also allowed new members to use European funds to renovate decrepit housing stock, something which Ms Hubner opposed on the grounds that the money should be used to create sustainable economic growth. She is also pushing for more projects to be funded jointly by the European Investment Bank, using financial instruments and venture capital to stimulate small and medium-sized companies. The EU budget, including regional policy, comes up for review in 2008-9, but Ms Hubner will resist proposals from some such as British chancellor of the exchequer Gordon Brown to axe EU regional programmes in rich countries in western Europe. But she admits that Brussels and national politicians need to explain better why money spent in poor regions, particularly eastern Europe, will bring benefits for everyone by opening up new markets. This is not a policy for the poor, she says. 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