European economic governance and cohesion policy

This document was requested by the European Parliament's Committee on Regional Development.This study analyses the interactions between the wide-ranging economic governance reforms undertaken since 2008 and Cohesion Policy. It details the main changes and analyses how the aims of Cohesion Policy are likely to be affected. It also highlights the challenges of assuring legitimacy and of suitable formulation of Cohesion Policy as especially salient issues for the European Parliament, not least because of the expanded roles in economic governance of the European Commission and the European Central Bank.European Parliament. Committee on Regional Development