The European Commission published on 9 October 2017 the 7th Cohesion Report. It zooms in on EU regions and cities, draws lessons from cohesion spending during the crisis years and sets the scene for cohesion policy after 2020.
Analysing the current state of the EU’s economic, social and territorial cohesion, the Cohesion Report covers all our territories: Europe’s economy is bouncing back but disparities persist between and within our Member States.
Public investment in the EU is still below pre-crisis levels, while regions and Member States need to invest more to respond to the challenges identified in the reflection paper on the future of EU finances; the digital revolution, globalisation, demographic change and social cohesion, economic convergence and climate change.
The Report suggests an EU-wide policy serving three main purposes: harnessing globalisation, leaving no one behind and supporting structural reforms.