Institutional effectiveness by Regional Development - Figure 5 of 5

Regional development Committee

The Committee works closely with the Council, the European Commission, the Committee of the Regions, inter-regional cooperation organisations, local and regional authorities, to shape the legislative framework for regional development and cohesion policy, including the urban dimension. Cohesion funding is a powerful investment vehicle contributing to employment and growth in Europe. It will be one of the principal instruments available to the Union and to Member States to re-invigorate the European economy in the period 2014-2020 and beyond. Parliamentary support for, and scrutiny of, the implementation of cohesion policy and its overall impact are therefore both important.

There is a clearly-identified role in cohesion policy for cities as vehicles for growth and jobs. This implies involvement at European-level in urban policy making: it makes sense because cohesion policy is one of the main tools for making European cities more competitive.

Finally, it is important to increase the synergy and complementarity of regional policy with other Union policies, in order to ensure the most effective and efficient investment of public money.

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