THE EUROPEAN UNION’S COHESION POLICY: AN EAST-CENTRAL EUROPEAN PERSPECTIVE
THE EUROPEAN UNION’S COHESION POLICY: AN EAST-CENTRAL EUROPEAN PERSPECTIVE

Summary/Abstract: The European Union is one of the most prosperous and competitive areas in the world, both in terms of economic development, as well as potential for development. However, disparities in wealth and productivity of the Member States and their regions represent a major structural weakness. The EU Cohesion Policy is a policy of major importance for the states and the regions of the EU because it was built to support the internal cohesion of the EU. It was aimed at ensuring a sustainable and peaceful development of the Member States. The creation of the policy is closely linked to the birth of the EU which was established by the Treaty of Maastricht, 1992. This treaty, that marked the birth of the EU, established cohesion as a major objective of the EU for the first time, and worked towards achieving this important objective by assigning it a policy, the Cohesion Policy of the EU.

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