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More Funding for Metropolises: The financial crisis has changed EU structural support in the regions

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  • Neujeffski, Moritz

Abstract

The European Cohesion Policy is intended to mitigate the disparities between European regions and to encourage states to invest financial resources in their weak regions. But what happens in times of crisis when funding is scarce and austerity dominates? Using the examples of Portugal’s North Region and Saxony-Anhalt in Germany, this article illustrates whether it has been possible to sustain the policy of strengthening the regions under the dictates of austerity since the financial crisis of 2008.

Suggested Citation

  • Neujeffski, Moritz, 2023. "More Funding for Metropolises: The financial crisis has changed EU structural support in the regions," WZB-Mitteilungen: Quartalsheft für Sozialforschung, WZB Berlin Social Science Center, issue 179 (1/23.
    • Handle: RePEc:zbw:wzbmtn:327823
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    1. Simone Tulumello & Giancarlo Cotella & Frank Othengrafen, 2020. "Spatial planning and territorial governance in Southern Europe between economic crisis and austerity policies," International Planning Studies, Taylor & Francis Journals, vol. 25(1), pages 72-87, January.
    2. Lewis Dijkstra & Enrique Garcilazo & Philip McCann, 2015. "The effects of the global financial crisis on European regions and cities," Journal of Economic Geography, Oxford University Press, vol. 15(5), pages 935-949.
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