Can the EU structural funds reconcile growth, solidarity and stability objectives? A study on the role of conditionalities in spurring structural reforms and reducing macroeconomic imbalances. EPC Issue Paper No. 83, October 2017

Huguenot-Noël , Robin and Hunter, Alison and Zuleeg, Fabian (2017) Can the EU structural funds reconcile growth, solidarity and stability objectives? A study on the role of conditionalities in spurring structural reforms and reducing macroeconomic imbalances. EPC Issue Paper No. 83, October 2017. UNSPECIFIED.

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Abstract

The European Union (EU) is facing all-encompassing challenges that have the potential to undermine the future development of the EU project. They include migration, security, rising Euroscepticism or the fight against climate change. Each of them carry both significant financial and political implications. To address these challenges, a growing number of voices call for a realignment of budget priorities at the European level. Ahead of the upcoming negotiations on the post-2020 Multiannual Financial Framework (MFF), some are calling for a reduction of the share of Cohesion Policy and other ‘traditional’ policies (such as the Common Agricultural Policy) in the EU’s funding strategy. Furthermore, 27 member states need to prepare for the implications of Brexit on the EU budget in a context of heightened pressure for fiscal consolidation.1

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