On Monday 15 July, the European Commissioner for Cohesion and Reforms, Elisa Ferreira, attempted to justify the merits of cohesion policy in the face of attacks from the German Finance Minister, Christian Lindner, who suggested that the policy was “overfunded” due to a low absorption rate of Community funds.
At an event in Brussels on the future of cohesion policy, Mr Lindner reiterated his criticism of the current use of European funds. “Cohesion policy is notorious for its...