EU Cohesion Policy is helping to weather the crisis and produce growth, says Commission 2013 Strategic Report
The European Commission has today presented an overview of how EU Structural Funds are working in Member States. The ‘Strategic Report’ on the implementation of 2007-2013 Cohesion Policy programmes pulls together available information from Member States, up to end-2011 in most cases. With 4 more years to go until the programmes finish in 2015, investments under the European Regional Development Fund, Cohesion Fund and European Social Fund have already led to progress and improvement for many citizens.
The reports submitted by the 27 Member States at the end of 2012 (based mainly on 2011 data) provide the Commission with the first opportunity to report, during a programming period, on progress in delivering outputs and results and to highlight important and timely messages on the potential of Cohesion Policy to play its part in the EU's economic recovery. The Commission identifies the investment areas where action must be taken to speed up the selection and execution of projects co-financed in 2007 2013 in order to meet the objectives set.