Statement by Apostolos TZITZIKOSTAS, President of the CoR  - The Annual Local and Regional Barometer
Channel: EPPGroup CoR
Date: 2020-10-12

The first EU-wide Regional and Local Barometer – produced by the European Committee of the Regions – warns that Coronavirus pandemic is heavily impacting sub-national authorities' revenues: in Italy, Germany and France alone, their losses could total 30 billion euros in 2020. The crisis is also widening social and economic inequalities in the EU's territories. The Report warns that the crisis risks creating a "COVID lost generation" of young people, and highlights serious disparities between regional healthcare systems. The increasing rural-urban divide also represents a clear threat to EU's cohesion.