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The article deals with the basic directions of regional policy in the programming period 2014 - 2020 and its impact on the performance of regions. In this period, the EU regional policy should try to maintain its primary goal, therefore, be an instrument for reducing disparities in levels of development of regions and member states. Just the fact that the Czech Republic in this period will not promote any change in the rules of the EU Cohesion policy; it may receive the maximum possible amount of the financing needed to fulfill their goals. The aim of this paper is to outline the context and the connections of regional policy of the Czech Republic with the performance of individual regions and regional policy of EU. [ABSTRACT FROM AUTHOR]