Regional Policy

The European Community is committed to promotingeconomic and social cohesion' across its regions. This guide explains how the European Regional Development Fund operates and its relationship to other sources of funding from the EC.

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The European Community has committed itself to promoting 'economic and social cohesion' across its regions. Its expenditure - via the 'structural funds' - for these purposes is set to double by 1993. A key component of such expenditure is the European Regional Development Fund, which is receiving increasing attention from local and regional representatives and officials, as well as from companies considering where to locate their businesses. The integrated development operations of the EC involve important new initiatives at the local level. This volume explains how the ERDF operates and its relationship to other sources of funding from the EC. It offers comprehensive and up-to-date information, in a readily accessible format. Section II summarises the key EC policy documents involved, and Section III gives a full listing of all the relevant documents across a range of different aspects.