Cohesion Policy supports the development of regions that are lagging behind and helps in fostering innovation and enterprise in more advanced areas of the European Union.
Although policies addressing regional imbalances can be traced back to the Treaty of Rome, the EU Cohesion Policy was officially born in 1986 with the European Single Act.
In the past thirty years, following the multiple accessions to the Union, cohesion policy has evolved in terms of policy and budget allocation to match the needs of the regions of new member states.
In 2018, Cohesion Policy accounts for 34% of the EU’s budget and focus on research and innovation, SME, information and communication technologies and a low carbon economy.
Follow us on this journey to find out how Cohesion Policy has changed over the years.