Reducing Inequalities between Regions

10/12/1974

EEC leaders, in a show of solidarity, agree to create a significant new fund as part of European regional policy. The purpose of this fund is to transfer resources from wealthy to poor regions, aiming to improve infrastructure, attract investments, and create jobs. The European Regional Development Fund is established the following year.

More important events

The Lisbon Treaty Comes into Force

Signing of the Treaty of Nice

Treaty of Amsterdam

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