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Fourth Cohesion Report published – prosperity is spread more evenly over Europe
31-05-2007

The European Commission has published its fourth report on economic and social cohesion in the EU on 30 May. The report comes out every three years. The European cohesion policy has proved to be successful over the last years. The EU's economic prosperity is becoming less geographically concentrated. However, cohesion policy has to adapt to new challenges, such as globalisation and climate change. The need to address these challenges is an argument to support a cohesion policy that is aimed at all EU Member States, instead of being focused on the most lagging European regions.
The fourth cohesion report is published just before the opening of the debate on the future of the European cohesion policy. While cohesion policy exists to create growth and jobs, it has to adapt to new challenges. These challenges are:
  • globalisation
  • climate change
  • rising energy prices
  • demographic imbalance
  • the partial inability of Member States to address these challenges
The most encouraging development that is observed by the Commission in the 2000-2006 period is the high growth in the new Member States. For most of the new EU countries, growth figures are more than twice the EU average. In spite of this progress, there are still huge differences, due also in part to the fact that growth tends to be concentrated in the most dynamic areas of countries.
The figures also show that the EU's economic prosperity is becoming less geographically concentrated. The traditional economic core (London, Paris, Milan, Munich and Hamburg) accounted in 2004 for a considerably smaller share of the Union's GDP than in 1995. This trend is due to the emergence of new centres of growth like Dublin, Madrid, Helsinki, Stockholm, as well as Warsaw, Prague, Bratislava and Budapest.

Source: European Information Service

Links
Visit the DG Regio website
Files
Download the Fourth Cohesion Report (PDF, Eng, 4.6 MB)


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