one of the EU's Structural Funds, set up to reduce differences in prosperity and living standards across EU Member States and regions, and therefore promoting economic and social cohesion, community fund set up by the EEC Treaty (Art. 123-128) to aid actions against long-term unemployment and for the professional integration of persons under 25 years by vocational training, accompanied if necessary by vocational guidance and recruitment premiums for newly-created stable employment and aid for creating independent businesses, üks Euroopa Liidu tõukefondidest, mis on loodud eesmärgiga vähendada jõukuse ja elatustaseme erinevusi ELi liikmesriikide ja piirkondade vahel ning soodustada seeläbi majanduslikku ja sotsiaalset ühtekuuluvust