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Image header Agence Europe
Europe Daily Bulletin No. 10569
Contents Publication in full By article 12 / 25
SECTORAL POLICY / (ae) cohesion

Cohesion policy helps rich countries too

Brussels, 07/03/2012 (Agence Europe) - When a member of the EU15 puts one euro into the common pot for the cohesion fund to help Hungary, Poland, Slovakia or the Czech Republic - the so-called Visegrad countries - it indirectly gets back 61 cents through its exports, without counting other benefits to the whole EU, for example in transport infrastructure. That was the finding of a study conducted on behalf of Poland by the Institute for Structural Research (Instytut Badan Strukturnalnych) and the Raytech company. As negotiations continue over the next cohesion policy planning period, this study has come at just the right time to cut short the arguments of the rich countries or net contributors who would like to see a cut in the budget allocated to cohesion. Using the method of calculation established in the study, it can be seen that the euro invested by Germany, Ireland or Luxembourg brings enough in exports to even generate a little profit. (MD/transl.rt)

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