
Structural Funds
Structural Funds are financial instruments created by the European Union to promote economic development and reduce disparities across its member states. They focus on improving infrastructure, boosting employment, and supporting education and innovation in less developed regions. By providing funding for specific projects, such as building roads or enhancing local businesses, Structural Funds aim to foster sustainable growth and improve living standards. This assistance not only aids regions in catching up economically but also strengthens the overall cohesion of the EU.