On Tuesday 31 January, the European Commission published its annual report on the implementation of cohesion policy. It looks at the use of the European Structural and Investment Funds (ESI Funds) for the programming period 2014-2020 until the end of 2021, as well as the flexibilities introduced following the Covid-19 pandemic.
In total, between 2014 and 2020, the ESI Funds have mobilised €731 billion in investment, of which the EU has financed €535 billion.
The report says that...