Open AccessREGIONAL DEVELOPMENT AND COHESION POLICY OF EU 2021-2027
Author(s) -
Emil Mutafov
Publication year - 2019
Publication title -
trakia journal of sciences
Language(s) - English
Resource type - Journals
eISSN - 1313-3551
pISSN - 1312-1723
DOI - 10.15547/tjs.2019.s.01.015
Subject(s) - cohesion (chemistry) , solidarity , member states , regional policy , political science , investment (military) , economic policy , business , economic system , economics , european union , law , chemistry , organic chemistry , politics
Cohesion policy is the EU's main investment policy and one of the most specific expressions of solidarity. Further investment is needed to overcome the persisting differences between Member States. After 2020, resource allocation to the regions will continue and the greatest efforts will be needed to bring these countries together with the rest of the EU. At the same time, cohesion policy will continue to play the role of a strong and direct link between the EU and its regions and cities. The main purpose of this article is to compare the approaches in allocating funds across the different EU Member States and how the implemented Cohesion Policy will change after the year of 2020.