1
Apr
2025
Watch
Improving the implementation of cohesion policy through the mid-term review to achieve a robust cohesion policy post 2027 (debate)
Madam President, Mr Fitto, ladies and gentlemen, first of all it must be stressed that the main objective of cohesion policy is the gradual reduction of disparities between regions, that is to say, the expression of European solidarity. However, reality is changing rapidly. We have new priorities, unforeseen crises and investment pressures in strategic areas. Therefore, the flexibility of cohesion policy should give Member States the chance to invest where it is really needed. Cohesion funds must remain a real support for the regions and communities that need them, and where resources have not been spent on time, they must not be lost, but smartly rethought and redistributed by the Member State itself. However, cohesion policy cannot become a kind of good piggy bank at all. Flexibility is certainly necessary, but it must be targeted, balanced and responsible.