REGIONAL POLICY OF THE EU AND ITS INFLUENCE ON THE EUROPEAN INTEGRATION PROCESS OF THE REPUBLIC OF MACEDONIA
REGIONAL POLICY OF THE EU AND ITS INFLUENCE ON THE EUROPEAN INTEGRATION PROCESS OF THE REPUBLIC OF MACEDONIA

Summary/Abstract: The EU regional policy is based on financial solidarity of all its members, through their share in the common Budget. Part of this Budget is intended for less developed regions and it also contributes to the balanced and harmonized development of the community as a whole. The regional policy of the EU is an important tool, especially when problems occur due to the common market and the integration process in general. Namely, the smaller the regional disparities are, the more the effects of the integration will be evenly distributed among regions and Member States. The emphasis of this paper is placed on the regional policy of the EU and its impact on the European aspirations of the Republic of Macedonia as a candidate country for EU membership, operationalized through the Instrument for Pre-Accession.

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