The Regulation proposes a concentration of resources and activity on three objectives; the "convergence" of less developed Member States and regions (those whose per capita GDP is less than 75% of the community average) with other EU regions; enhancing regional competitiveness through anticipating and promoting economic change and helping people adapt to this; and European territorial cooperation which entails supporting cooperation at cross-border, transnational and interregional level.
The Regulation proposes a concentration of resources and activity on three objectives; the "convergence" of less developed Member States and regions (those whose per capita GDP is less than 75% of the community average) with other EU regions; enhancing regional competitiveness through anticipating and promoting economic change and helping people adapt to this; and European territorial cooperation which entails supporting cooperation at cross-border, transnational and interregional level.