The European Union’s Cohesion Policy: investing in your Regions and Cities
Every year the EU invests millions of Euro in job creation and economic growth, to help reduce social and economic differences between its regions. This short video will tell you more on how these EU investments can improve citizens’ everyday lives by stimulating economic growth in their region.
Over the past five years, EU cohesion policy has created over 600.000 jobs; invested in the professional training of up to 15 million people every year to improve their employability; and co‑financed the construction of 25 000 km of roads and 1800 km of railways; it has also ensured the provision of clean drinking water for 3 million more people; has invested in 200 000 small and medium-sized companies and 61.000 research projects. These figures are still growing, as projects which started over the past 5 years continue to produce results.
All this is made possible by the European Regional Development Fund, the Cohesion Fund and the European Social Fund, which together represent more than one-third of the EU budget.
(Source: European Commission / http://ec.europa.eu)