Zusammenfassung:
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.
