Former Belgian prime minister
Since 2004, when the European Union was enlarged to include many of the former communist states of Central and Eastern Europe, its regional funding mechanism has been heavily geared toward ameliorating economic inequalities between old and “new” member states. To ensure cohesion within the EU, overcoming disparities between countries and improving trade, transport, and communications infrastructure throughout the bloc have long been seen as critical.
The EU’s cohesion policy is in fact its most visible initiative. Investments made through the Cohesion Fund promote regional development, support innovation, improve education, and expand digitalization and transport networks, and sustain programs that improve the single market by boosting growth, productivity, and specialization. The cohesion policy benefits citizens, local communities, and businesses across...
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