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2014.07.29.I author: European Association of Development Agencies -

6th 'Cohesion Report' confirms energy efficiency, job creation and SME support as the main target of investments

The Report analyses the state of cohesion of the Union and highlights the challenges faced by national, regional and local authorities in overcoming the impact of the financial and economic crisis. In particular it finds that Cohesion Policy has cushioned the dramatic decline of public investment, injecting much needed investment resources in many Member States and creating vital financial stability which serves to attract private investment.

EU Cohesion Policy investments from 2014-2020 will make more than €38 billion available to support the shift to a more environmentally-friendly economy, through investments for energy efficiency and renewables, while up to €33 billion will support Europe's SMEs to become more competitive.

 

Click here for the full report.


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