Regional development assistance is an important part of the European Union's budget. What is its main purpose?

Question

Quizplus · Accepted Answer

The main purpose of regional development assistance is to encourage productive investment in poorer or lagging regions, in order to reduce regional disparities and promote economic and social cohesion within the European Union. It aims to support the development of infrastructure, education and training, research and innovation, and other measures to stimulate economic growth and create jobs in these regions.

Regional Development Assistance Is an Important Part of the European