The European Grouping for Territorial Cooperation (EGTC) is a new EU legal instrument established in 2006 to enhance and facilitate cross-border cooperation throughout the EU. Partners in an EGTC can be local or regional authorities or organisations as well as national authorities. The EGTC instrument differs from previous regulations of cross-border cooperation as it makes it possible to create a legal entity across national borders that can own property and have employees.
EGTC - European Groupings for Territorial Cooperation, Nordregio Electronic Working Paper 2011:1