The EU invests locally through its regional policy. Addressed to all EU regions and cities, it contains measures to boost economic growth and jobs and improve quality of life through strategic investment. Thanks to this active form of EU solidarity, people in less developed regions can seize the opportunities raised by the largest market in the world.
EU regional policy works to make a difference in 5 key areas:
While overall policy is set at the EU level, day-to-day management of the funds is the responsibility of a joint collaboration of the European Commission with national, regional and local authorities.