Cohesion policy and regional disparities: The recent experience of Greece

Abstract

Twenty years after the beginning of the implementation of EU Cohesion Policy in Greece in the current programming period, 2007–13, for the first time Greek regions have been excluded from Objective 1 ‘Convergence’, a situation that it seems will continue in the next period. As it appears, Cohesion Policy has helped the country and its regions to converge to the European average. However, at an intra-national level, it seems that this is not the case, since internal inter-regional disparities appear to have increased in recent years. To these developments should be added the impact of the economic crisis, which according to early indications has negative repercussions for almost all Greek regions, with varying levels of intensity. These findings, combined with the constantly deteriorating economic situation at national and regional level, sustain the argument that Cohesion Policy will continue to be one of the most important policies of the EU and should constitute a powerful tool against the crisis and its regional dimensions.