Cohesion policy funding for the period 2021–2027 is expected to create 1.3 million jobs and increase the EU’s GDP by an average of 0.5% by the end of the decade and up to 4% in some Member States, according to a European Commission report published on Tuesday 2 May.
Cohesion policy will unleash a total volume of investments of €545 billion during this period, of which €378 billion will be funded by the EU. These investments will promote lasting socio-economic convergence,...