The Commission publishes the 7th Cohesion report, taking the pulse of EU regions, drawing lessons from cohesion spending during the crisis years and setting the scene for Cohesion Policy after 2020.
Analysing the current state of the EU's economic, social and territorial cohesion, the Cohesion report brings our Union under a magnifying glass: Europe's economy is bouncing back but disparities persist between and within our Member States.
Public investment in the EU is still below pre-crisis levels but regions and Member States need even more support to take up the challenges identified in the reflection paper on the future of EU finances; the digital revolution, globalisation, demographic change and social cohesion, economic convergence and climate change.
Commissioner for Regional policy Corina Creţu said: "The report clearly shows that our Union needs more cohesion. Whilst the crisis is over, it clearly has left scars in many regions. They will need Cohesion Policy to…