The European Union’s Cohesion Policy aims to ensure economic, social and territorial cohesion between the various EU regions to bring about a convergence in living standards and prosperity. By tackling regional disparities, the policy contributes to the harmonious development of the European Union and reduces the risk of fragmentation. In addition to regional differences in GDP, it seeks to redress other inequalities such as differences in opportunities or varying exposures to the negative impacts of globalisation and climate risks.
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