EU Policies, Balance of Payments, and Exchange Rates
EU Policies
Regional Policy
Aims to reduce the differences between regions within member countries.
Social Policy
Coordinated through the European Social Fund (ESF) and is intended to support the employment of the unemployed.
Implemented through:
- Structural Funds: Cover the costs of infrastructure, social spending, and agricultural subsidies.
- The EAGGF Guarantee: Designed to maintain the income of farmers.
- The Cohesion Fund: Bridges the differences in prosperity between the countries of the EU.