Europe's Regional Policy Overhaul Promises Economic Revival and Social Progress
Regional development in Europe is a hot topic as the 1990s end. The EU, Member States, and the European Commission are debating how to spend money on underdeveloped areas. Western European countries are rethinking their regional policies, involving more organizations like businesses and community groups. Policies are being evaluated more often. In Central and Eastern Europe, new market-oriented regional policies are being introduced to tackle growing regional differences.