Sunday

5th Jul 2020

Huge gap remains between EU's richest and poorest regions

  • Six Polish regions are the poorest in the EU (Photo: EUobserver)

London and Brussels feature as the richest EU regions, while the six poorest regions are all in Poland, according to new figures published on Thursday (18 May) by Eurostat, the EU's statistics office.

The economic power of the top region - Inner London and the bottom region in the ranking - Lubelskie in Poland - differed by 278 to 33 per cent of the union's average respectively.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Out of the EU's 254 regions, 37 exceeded the 125 per cent level - with seven of them being in Germany, six in Italy and the UK, five in the Netherlands, three in Austria and two in Belgium and Finland.

The only new member state to feature in the group was the Czech Republic, with Prague recording 138 percent of the EU's average.

The countries from central and eastern Europe, which joined the block in 2004, dominate the lowest positions of the table, with sixteen Polish regions below 60 per cent of the EU's average, seven in the Czech Republic and six in Hungary.

The lowest ranked region amongst the old member states was Norte in Portugal (57%), while several poorer regions can be found in Greece, Italy and Germany, as well as overseas departments of France.

The survey is based on the 2003 GDP per inhabitant figures which are expressed in terms of purchasing power standards and it monitors the total economic activities of a region.

EU plans tougher checks on foreign takeovers

The EU and its member countries are worried that foreign powers, such as China and its state-owned companies will take advantage of the economic downturn and buy up European firms

Vestager hits back at Lufthansa bailout criticism

Commission vice-president in charge of competition Margarethe Vestager argued that companies getting large capital injections from the state during the corona crisis still have to offset their competitive advantage.

German court questions bond-buying and EU legal regime

The German Constitutional court ordered the European Central Bank to explain its 2015 bond-buying scheme that helped eurozone stay afloat - otherwise the German Bundesbank will not be allowed to take part.

News in Brief

  1. EU grants Remdesivir conditional authorisation
  2. French prime minister and government resign
  3. France lied on Nato naval clash, Turkey claims
  4. EU highlights abuses in recent Russia vote
  5. Belgium bids to host EU mask stockpile
  6. France shamed on refugees by European court
  7. French and Dutch police take down criminal phone network
  8. EU launches infringement case on Covid-19 cancelled trips

Coronavirus

EU leaders to reconvene in July on budget and recovery

Most EU leaders want an agreement before the summer break, but the Dutch PM, leading the 'Frugal Four', warned there might not even be a deal then. But the ECB's Christian Lagarde has warned of a "dramatic" economic fall.

Coronavirus

EU leaders seek to first narrow differences at summit

EU leaders on Friday will share their takes - online - on the €750bn recovery and €1.1 trillion budget plans, before they try to seal the deal at one or two likely head-to-head meetings in July.

Stakeholders' Highlights

  1. Nordic Council of MinistersNEW REPORT: Eight in ten people are concerned about climate change
  2. UNESDAHow reducing sugar and calories in soft drinks makes the healthier choice the easy choice
  3. Nordic Council of MinistersGreen energy to power Nordic start after Covid-19
  4. European Sustainable Energy WeekThis year’s EU Sustainable Energy Week (EUSEW) will be held digitally!
  5. Nordic Council of MinistersNordic states are fighting to protect gender equality during corona crisis
  6. UNESDACircularity works, let’s all give it a chance

Join EUobserver

Support quality EU news

Join us