Abstract
One of the European Union (EU) economic objective is to achieve economic and social cohesion. It is therefore important to analyze the European Union's policies, including structural, impact on cohesion. Establishment of the common market did not itself offer a solution to economic problems faced by member States. The concept of cohesion may be regarded as designed to allow all regions to compete in the internal market. The Union funds should seek to promote equality between levels of development and employment. Economic and social cohesion is very important to strengthen political and economic development of the European Union Member States. European Union cohesion policy provides the possibility to finance various activities in order to promote economic growth in the EU Member States and their regions. The three main objectives of the current EU cohesion are convergence, regional competitiveness and employment and European territorial cooperation. Cohesion policy can be an effective tool to achieve economic convergence, if it is accompanied by a number of financial and non-financial elements such as the labor market situation, investment opportunities, and so on, which are the result of national policy. The article includes an analysis of Lithuania's economic environment compared with other Member States. The article study the subject - financial instruments aimed at social and economic cohesion, and its implementation aspects. This article aims - to explore the features of EU economic and social cohesion in the aspect of structural policy. The research methods used at work - literature and statistical data analysis. DOI: http://dx.doi.org/10.5755/j01.em.17.4.2999
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