Press Release: Commission’s budget proposals for cohesion policy, essential tool for consolidating European social market model in an enlarged Europe

It remains essential to maintain an effective cohesion policy at European level to promote modernisation and faster growth in the less-developed regions of the EU in particular and to bring more people into productive employment across the Union as a whole. Just one of several key messages that Commissioner Peter Balazs delivered to the European Economic and Social Committee's (EESC) specialised Section for Economic and Monetary Union and Social and Economic Cohesion on 8 June 2004.