New Cohesion Report shows that differences between EU regions are narrowing thanks to EU support

The 8th Cohesion Report published by the Commission shows that Cohesion policy has helped to narrow territorial and social disparities between regions in the EU. Thanks to Cohesion funding, the GDP per capita of less developed regions is expected to increase by up to 5% by 2023. The same investments also supported a 3.5% reduction in the gap between the GDP per capita of the 10% least developed regions and the 10% most developed regions.