The European Commission has released the findings of an independent evaluation of EU investments done in the 2007-2013 period, with specific reports for each Member State. This evaluation highlights the added value of Cohesion Policy, while feeding into the reflection on the future EU budget after 2020.
One million jobs created, corresponding to one-third of overall net job creation across the EU during this period and €2.74 of additional GDP for every euro of Cohesion Policy money invested, meaning an estimated return of €1 trillion of additional GDP by 2023 – these are the key results of the evaluation of the 2007-2013 period.
The policy has benefitted the economies of all EU Member States and supported them during difficult economic times. It has invested in nearly 400,000 SMEs and start-ups and has been a pillar of the EU's growth and jobs agenda.
Read more in the European Comission's website.