The EU must address an alarming fall in public investment in order to tackle growing regional disparity, support sustainable growth and restore faith among citizens, said politicians across Europe today during a two-day Summit of Regions and Cities in Bratislava.
A week after Slovakia took over the Presidency of the Council of the European Union for the first time, local and regional leaders have adopted a declaration during the 7th European Summit of Regions and Cities on 8th of July 2016 in the Slovak capital that calls on the EU to improve regulation and attract greater private-public investment to create more jobs and tackle the investment gap.
“If we are to restore faith in the EU, we must demonstrate how joint EU operations benefit citizens’ daily lives. Citizens demand results, which is why investment – in people, places and ideas – must start locally. Around 60% of public investments within the EU are made by local and regional authorities. Policymakers need to redirect all their efforts to increasing public and private investment in all the European regions. It is no longer business as usual. We must spread a new and innovative entrepreneurial mind-set across Europe,” said Markku Markkula, President of the European Committee of the Regions (CoR).
The representative of Land Salzburg in the CoR Prof. Dr. Franz Schausberger met in Bratislava with a number of regional representatives from across Europe, including the president of the Croatian region Brod-Posavina Danijel Marušić and invited him to the 12th Conference European Regions and cities to Salzburg, which takes place from the 25th – 27th September 2016. The IRE has organized this conference for the past 12 years, which brings together more than 200 public officials and representatives from business every year to boost investment in the regions. New company locations and new job opportunities are being established in the regions.
The IRE network of more than 130 members compromises already 17 regions and cities from Croatia, which resulted in a big benefit for the regions during Croatia’s EU accession two years ago. Brod-Posavina is a member of the IRE network since 2014.
Source: CoR press release 08.07.2016