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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 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 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 ...
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 ...
The Commissioner for Cohesion and Reforms is a portfolio within the European Commission. The current Commissioner is Raffaele Fitto . The portfolio is responsible for managing the regional policy of the European Union , such as the European Regional Development Fund , which takes up a third of the EU's budget .
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 European Social Fund Plus (ESF+) is one of the European Structural and Investment Funds (ESIFs), which are dedicated to improving social cohesion and economic well-being across the regions of the Union. The funds are redistributive financial instruments that support cohesion within Europe by concentrating spending on the less-developed regions.