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European Union: 7:41 AM  -  Public
EU Cohesion Policy is helping to weather the crisis and produce growth, says Commission 2013 Strategic Report

The European Commission has today presented an overview of how EU Structural Funds are working in Member States. The ‘Strategic Report’ on the implementation of 2007-2013 Cohesion Policy programmes pulls together available information from Member States, up to end-2011 in most cases. With 4 more years to go until the programmes finish in 2015, investments under the European Regional Development Fund, Cohesion Fund and European Social Fund have already led to progress and improvement for many citizens.

Across the EU, these include:

1.9 million more people now have broadband access;
2.6 million more people are served by water supply, 5.7 million more by waste water projects;
there are 460 km of TEN-T roads and 334 km of TEN-T rail; and
2.4 million people assisted by the European Social Fund found a new job.
Innovation and small business are receiving a huge boost from cohesion policy investments with many more in the pipeline. 

Read more at: http://europa.eu/rapid/press-release_IP-13-336_en.pdf