The European Union has reached a critical juncture in dealing with the fallout from the 2008 financial meltdown that started in the USA and spread to engulf banks and the financial markets of Europe. The ensuing recession or stagnation in many member countries was compounded by austerity...

This report presents the findings of three case studies of lagging regions in the EU to deepen the findings of wiiw Research Reports 421 to 423. The three (NUTS 2) case study regions are the Italian Campania, the Portuguese Norte and the Romanian Nord-Est region. While each of these regions...