For the MFF 2021–2027, Member States have decided not to increase the EU budget, despite the adverse consequences that the Great Recession had on many European territories. As a consequence, cohesion policy, in 2021–2027, will be too small a blanket to cater to the needs of the Eastern and Southern peripheries adequately.
«What emerged from the Tripartite Social Summit is a general convergence around the Social Fairness Package. The difficulties on the horizon, however, are manifold. The success of the initiative will depend on the practical ability to overcome the vetoes of some governments and employers' organisations in giving full enforcement to the European Pillar of Social Rights»