In a rapidly changing environment, cohesion policy remains the key European policy tool for promoting a balanced and sustainable development in the European regions.
The main issue, according to the General Secretary of Public Investments and NSRF, Dimitris Skalkos, as he pointed out at the RGC Regional Conference, organized by the “Peloponnisos” newspaper from March 16 to 18, is to clarify the role of the cohesion policy, that is, we want it to address crises or implement long-term strategies.
For his part, the representative of the Hellenic Foundation for European and Foreign Policy (ELIAMEP) Giorgos Petrakos, we must define the priorities for the planning period after 2027, while to the question of where new resources will be drawn, he answered:
“Europe needs a ‘tax hand’ on large companies that generate huge values and are not taxed”. The following speakers also took part in the discussion: pr. General Secretary of Public Investments and NSRF, Ministry of Development and Investments Giorgos Giannoussis,), Economist and Professor, Department of Public Investments, University of Thessaly Alekos Kritikos. The coordinator was Ioannis Papageorgiou, Director General, Regional Policy Observatory.
Athanasios Katsis, Chancellor of the University of Peloponnese
#RGC #Cohesion #Policy #Future
How can the proposed taxation of large corporations contribute to the sustainability of funding for EU cohesion policy, and what potential challenges might arise from this approach?
**Interview with Dimitris Skalkos, General Secretary of Public Investments and NSRF**
**Interviewer:** Dimitris, thank you for joining us. At the recent RGC Regional Conference, you highlighted the significance of the EU’s cohesion policy in addressing both immediate crises and long-term development strategies. Can you elaborate on how you envision the policy balancing these two needs?
**Dimitris Skalkos:** Thank you for having me. Cohesion policy is indeed critical, especially as we navigate uncertainties like economic fluctuations and environmental changes. We need to enhance its capacity not just to respond to crises—like the impact of the COVID-19 pandemic and the current energy challenges—but also to facilitate sustainable growth and development over time. This dual focus is essential for promoting stability across all EU regions.
**Interviewer:** Giorgos Petrakos from ELIAMEP mentioned the need to set clear priorities for the post-2027 planning period. What specific priorities do you believe should be established to strengthen cohesion policy further?
**Dimitris Skalkos:** Identifying priorities is vital. We should focus on digital transformation, green energy initiatives, and social equity. By investing in these areas, we can ensure that all regions have the tools necessary to thrive in a rapidly changing global landscape. Furthermore, acquiring new funding sources will be crucial, including the suggested taxation of large companies that currently contribute little to the public purse.
**Interviewer:** Speaking of funding, there seems to be a growing consensus about the need for a ‘tax hand’ on large corporations. How do you see this proposal impacting the sustainability of cohesion policy funding?
**Dimitris Skalkos:** Implementing a fair taxation system on large companies can generate significant resources for public investment. This will not only bolster the funding available for cohesion policy but also ensure that the contributions of those benefiting most from Europe’s economy are commensurate with their profits. It’s a matter of fairness that can enhance the legitimacy and sustainability of our policy frameworks.
**Interviewer:** Lastly, as we look ahead, what are the challenges you foresee in maintaining and enhancing cohesion policy amidst external pressures such as economic downturns or political changes?
**Dimitris Skalkos:** The challenges are indeed considerable. Political will and commitment across member states must remain strong, especially when difficulty arises. Additionally, aligning diverse regional needs with a unified policy approach will require ongoing dialog and innovative solutions. It’s essential that we remain adaptable and proactive, ensuring cohesion policy evolves to meet the realities of the times.
**Interviewer:** Thank you, Dimitris, for your insights. It’s clear that the future of cohesion policy will require thoughtful planning and decisive action to balance immediate and long-term needs.
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**Debate Question for Readers:** As we consider the future of EU cohesion policy, do you believe that significant tax reforms on large corporations are a necessary step towards achieving sustainable development, or do you think this might hinder economic growth? Share your thoughts!