Cohesion policy (CP) is to ensure a harmonious and balanced development of the EU’s Member States by strengthening economic and social cohesion and reducing disparities in the level of development between regions (Art.174 of the Treaty)
With more than €350 billion total budget, Cohesion Policy (CP) is the EU’s main investment policy and one of its most concrete expressions of solidarity. Sound institutions and good administrative capacity are key for the success of these investments. Citizens have an important role to play in making public authorities more transparent and accountable and in making public investment more efficient and effective.
(Source: European Commission newsroom)