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Cohesion Policy and Territorial Agenda of the EU

EU Cohesion Policy

Pursuant to Article 174 of the Treaty of Lisbon (consolidated text of the Treaty on European Union and the Treaty on the Functioning of the European Union, as amended by the Treaty of Lisbon) the general aim of the cohesion policy consists in reducing disparities between the levels of development of the various regions and the backwardness of the least favoured regions and the strengthening of economic, social (and territorial) cohesion in order to promote overall harmonious development of the EU. From the financial perspective of current programming period 2007 – 2013, cohesion policy – in respect of expenditures and its share 35.7 % of the EU budget (EUR 347.410 milliard) – is the most significant EU policy (together with the Common Agricultural Policy).
 

Territorial Agenda of the EU

The purpose of the Territorial Agenda of the European Union consists in creation of a strategic and action framework for the spatial development of Europe. Among others, it builds on the information resulting from e.g. the ESPON and INTERREG projects andis linked to the national territorial development policies. Within the framework of this agenda so called territorial cohesion is being discussed; the Territorial Agenda of the EU is understood as a third dimension and should serve for better targeting of the cohesion policy interventions in its role of the EU cross-sectoral development policy. Thus, it has, in addition, the aim of taking more into account territorial aspects of other European sectoral policies, linkages to Lisbon and Gothenburg Agendas.