Cohesion, the EU’s €330 billion investment package, making up about a third of the bloc’s new seven-year budget, will focus on bringing about a smarter, greener and more connected Europe, closer to its citizens by 2027.
That’s a tall order in its own right, complicated by the fact that the funds will be implemented simultaneously with the EU’s €750 billion recovery package. This is likely to prove a challenge, as the EU-27 cohesion ministers admitted in Lisbon in May.
The Recovery and Resilience Facility, the centrepiece of the recovery package, will disburse more than €300 billion in grants alone by 2026.
At the same time, EU countries are also busy programming cohesion funds, which only need to be spent by 2029, prompting fears among critics that this will lead to a prioritisation of recovery fund spending and empty cohesion project pipelines.
In this multimedia report, EURACTIV explores where the recovery and cohesion trains could be derailed and the ways European and national institutions are making sure they stay on track.
In this edition of our series on cohesion policy, we are joined by two very special guests European Commissioner for Cohesion and Reforms Elisa Ferreira and EURACTIV’s Jorge Valero. We take a closer look at how Europe’s historic recovery fund …
Following European Commission President Ursula von der Leyen’s visit to Berlin on Tuesday (22 June), where she delivered the approved German recovery plan, concerns are emerging that the new pot of money may crowd out funding for weak regions and thwart their efforts to catch up with wealthy areas.
Tensions are mounting in France over crossovers between the country's €100 billion plan to recover from the economic fallout of the pandemic and the European Union's cohesion policy, with regions complaining they have not been sufficiently consulted.
Critics are warning of significant delays in the EU's cohesion policy spending following the adoption of the bloc's long-term regional support plan, while stakeholders say more time is needed at the local level to devise spending strategies for recovery aid …