European regions – the Cohesion

The European Union is one of the richest economies of the world, but among its regions vary greatly. Gross domestic product each quarter region do not even reach 75% of the EU.

Addressing these differences is very important if the EU wants to ensure the continued prosperity, particularly in the current difficult economic conditions. The regional funds help less developed regions, so that they can meet the challenges of globalization.

The Fund is 2013 is approximately EUR 350 billion. The money is earmarked for the cofinancing of projects at national, regional and local level.
According to data from the November report, the cohesion funds to create 1.4 million new jobs and 34 million unemployed to help find a job, as many as 36 million people may improve their knowledge. The advantage of both vocational training (especially of vulnerable groups of people) and construction of infrastructure such as roads, railways and waste water treatment.

Cohesion Forum

Before approaching the end of the period of funding at the Cohesion Forum in Brussels brought together 800 national, regional and local representatives to discuss better coordination of funding to regional needs.
The European Union wants more funding in the future, to creating jobs and strengthening economic growth, which is in line with the strategy of Europe is the 2020th. Debate focused on the objectives of the strategy, which seeks a more rational, sustainable and inclusive economic growth. This was also an opportunity for representatives of countries and regions to express their opinion before the Commission in the summer to present legislative proposals on the future of cohesion policy.
Some regions have now been successfully implemented programs and projects in line with the strategy of Europe is the 2020th Among them, for example, Lithuania, Wales and the German Land of Brandenburg, which were selected for this year’s award RegioStars EU



One thought on “European regions – the Cohesion

  1. Latvian cohesion targets from 2007 to 2013 is set aside 4.62 billion. EUR, while the European Union as a whole the amount of EUR 347.41 billion, representing one third of the total EU budget, which makes this program a capacious financial. Latvian Cohesion policy is implemented by the EU structural funds (from 2007 to 2013. year: ESF, ERDF, CF) means. Impact of Cohesion policy and investment is very big relative to GDP, therefore, Member States are given the task of achieving quantitative goals.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s