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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]
Recent publications (as of October 2018): 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
It was a way to compensate, to a certain extent, the strict policies on public debt that were agreed by the European members: these funds allowed to maintain both a controlled deficit and public investment in strategic areas. [5] Cohesion Funds cover seven-year funding periods: Up to 31 December 2006. [2] 2007-2013; 2014-2020; 2021-2027
The European Commission has adopted a draft legislative package which will frame cohesion policy for 2014–2020. The new proposals are designed to reinforce the strategic dimension of the policy and to ensure that EU investment is targeted on Europe's long-term goals for growth and jobs ("Europe 2020").
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.
In addition to the aforementioned objectives, the package also focuses on modernizing traditional policies, such as cohesion and the common agricultural policy, on maximizing their contribution to the Union's priorities, fighting climate change—with 30% of the EU funds, the highest share ever of the European budge—biodiversity protection ...
The CoR's 2013 budget (€36.5M) represents 0.06% of the total EU budget which makes it the third smallest EU institution in terms of budgetary needs. Its 2014 budget (€90.2M) breakdown according to purpose of expenditure is as follows: 39.7% – Consultative Works (€35.8M); 30.3% – Translation, Interpretation and Print (€27.2M); 30% ...
Montenegro's population is overwhelmingly pro-EU, with 76.2% being in favor according to polling and only 9.8% against, in October 2009. [ 31 ] As of May 2023, the support of the citizens of Montenegro for the country's membership in the European Union reached a record high of 79.3%, according to a survey commissioned by the EU Delegation to ...