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Hungary to Address Future of Cohesion Policy During EU Presidency

EU

Image by Alexandros Michailidis / Shutterstock.com

The debate over the future of the European Union's cohesion policy will be one of the most important topics addressed when Hungary takes the revolving presidency of the Council of the EU in the second half of the year, Public Administration and Regional Development Minister Tibor Navracsics said at an event organized by the Ludovika University of Public Service on Thursday, according to a report by state news wire MTI.

Hungary will host an informal meeting on the future of cohesion policy in September and a formal one in November or December, Navracsics said. In Hungary's view, cohesion policy is one of the EU's biggest successes, he added.

While member states have caught up thanks to the EU's cohesion policy, regional disparities within member states have grown in some cases, he said.

Since Hungary's EU accession in 2004, GDP per capita in Budapest has climbed from 129% to 158% of the EU average, while the comparable rates in other parts of the country have advanced at a slower pace: from 42% to 50% in the Northern Great Plains region, from 44% to 52% in Southern Transdanubia, and from 66% to 68% in Western Transdanubia, he added.

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