EU Regional Policy Commissioner Corina Creţu announced in a White Paper published in Belgian newspaper Le Soir on Friday 24 March, that she is considering setting up a tool to support regions suffering from globalisation. The news was greeted with astonishment by the European Parliament.
Listing the challenges to be overcome for the future of Cohesion Policy, the Commissioner said more flexibility had to be introduced to adapt in order to rapidly and efficiently react to crises,...