ECO/654 Follow-up from the Commission

Cohesion policy in its current form has had positive impact on the socio-economic development of the EU, individual countries and regions. However, the Polish presidency points out that there is a need to improve the effectiveness of the mechanisms supporting the transformational objectives of cohesion policy. In the discussion of its future, there are ideas aimed at reforming the implementation mechanisms with the approach used in the implementation of the Recovery and Resilience Facility (RRF) implemented since 2021 as a response to the challenges arising from the COVID-19 pandemic and to support the transformation processes of economies.