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The policy constitutes the main investment policy of the EU, and is due to account for around of third of its budget, or EUR 392 billion over the period of 2021-2027. [1] In its long-term budget, the EU's Cohesion policy gives particular attention to regions where economic development is below the EU average. [2] [3]
The European Council meetings held in Lisbon, 26-27 June 1992, and Edinburgh, 11-12 December 1992, agreed the establishment of the Cohesion Fund. [2] This was formalized in 1993, as part of the Delors II package of the Treaty of Maastricht, with the goal of reinforcing the regional policy of the EU. [3]
The mission of the programme is to support policy development in relation to the aim of territorial cohesion and a harmonious development of the European territory. Firstly it provides comparable information, evidence, analyses and scenarios on territorial dynamics and secondly it reveals territorial capital and potentials for the development ...
The Community Strategic Guidelines (CSG) contain the principles and priorities of the EU's cohesion policy and suggest ways the European regions can take full advantage of the funding that has been made available for national and regional aid programmes for the period 2007–2013. There are three priorities:
Interreg differs from the majority of Cohesion Policy programmes in one important respect: it involves a collaboration among authorities of two or more Member States. Interreg measures are not only required to demonstrate a positive impact on the development on either side of the border but their design and, possibly, their implementation must ...
The flag of Bulgaria next to the flag of Europe. Since its accession in the European Union in 2007, [1] Bulgaria has been part of the EU's Cohesion Policy.This program introduces financial instruments, also known as the European Structural and Investment Funds, which aim to reduce the gap between different regions of the EU and improve their economic wellbeing.
Externalities of Cohesion Policy [permanent dead link ] Future links between structural reforms and EU cohesion policy. Conditionalities in Cohesion Policy. Digital Agenda and Cohesion Policy. The economic, social and territorial situation of Northern Ireland. Control and simplification of procedures within European Structural and Investment ...
EU policies aim to ensure the free movement of people, goods, services and capital within the internal market; [16] enact legislation in justice and home affairs; and maintain common policies on trade, [17] agriculture, [18] fisheries and regional development. [19] Passport controls have been abolished for travel within the Schengen Area. [20]