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Economic and Social Cohesion Policy in the EU

Abstract:
The article studies various aspects of the economic and social cohesion policy that is promoted in the Euro pean Union, being considered as the main investment policy, addressed to all regions, cities, localities in EU member countries, supporting job creation, competitiveness of companies, economic growth, sustainable de velopment and improvement of the quality of life. Economic and social cohesion policy has been at the centre of the EU's attention over time, being promoted through three funds: the European Regional Development Fund (ERDF), the European Social Fund (ESF) and the Cohesion Fund, investing in green growth and sus tainable development and improving interconnection between Member States . with a GDP below 90% of the EU average. The directions and positioning elements regarding the future of cohesion policy are described. It also argues the need to study the EU's experience in promoting the cohesion policy for the Republic of Moldova in the context of the country's accession to the European Union.