How do you escape economic stagnation? On Wednesday 22 March, the European Parliament’s Committee on Regional Development (REGI) examined the factors leading to the “development trap”, a challenge identified by the 8th Cohesion Report (see EUROPE B12887A2).
“Although regional disparities in the European Union have decreased in the last two decades this slowed after the [2008] financial crisis”, acknowledged Peter Berkowitz of the European Commission's Directorate-General for...