SUPPLEMENT / Europe/documents no. 2577

Focus on modern cohesion policy (Report by Marie-Pauline Desset)

I. INTRODUCTION

The European Union's new regional policy legislation was adopted by the EU Council at the last moment, on 17 December, roughly ten days ahead of the launch of the EU's financial programming for 2014-2020. The European regional development tool has been transformed. In the past, Cohesion Policy had the job of dealing with gaps in development, but its facelift has added the job of boosting growth and employment. A difficult task for the newly entitled “Structural and...