A new Cohesion Policy for jobs and growth in Europe

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Available languages : Bulgarian Czech Danish German Estonian Greek English Spanish French Croatian Italian Latvian Lithuanian Hungarian Maltese Dutch Polish Portuguese Romanian Slovak Slovenian Finnish Swedish
Period : 2014-2020
Date : 25/03/2014

Cohesion policy is the main investment pillar of the European Union (EU) budget.

Through the European Regional Development Fund (ERDF), the Cohesion Fund and the European Social Fund (ESF), the EU provides support to new innovative business, supports SMEs, creates sustainable jobs, improves skills, combats poverty, promotes social inclusion, gives remote regions broadband, tackles the brain drain, improves the environment, promotes energy efficiency and the use of renewable energy resources, builds vital transport links and strengthens efficiency of public administrations.

Together these Funds account for more than one third of the EU’s total budget. All EU regions benefit from Cohesion Policy, but poorer regions receive higher levels of investment.