Cohesion Policy of the European Union

The issue of economic and social disparities between some regions within the European Union (EU) has existed since its creation. However, any expansion of the issue of determining the difference in development between countries (or regions), and undertaking measures for their reduction becomes more current. If we add the growing aspirations of the EU in terms of achieving global competitiveness, than it is not surprising the fact that more than one-third of its budget is spent just on the Economic and Social Cohesion Policy...