1 Amendments of Santiago FISAS AYXELÀ related to 2018/0199(COD)
Amendment 53 #
Proposal for a regulation
Recital 1
Recital 1
(1) Article 176 of the Treaty on the Functioning of the European Union ('TFEU') provides that the European Regional Development Fund ('ERDF') is intended to help to redress the main regional imbalances in the Union. Under that Article and the second and third paragraphs of Article 174 of the TFEU, the ERDF is to contribute to reducing disparities between the levels of development of the various regions and to reducing the backwardness of the least favoured regions, among which particular attention is to be paid to certain categories of regions, among which cross-border regions are explicrural areas, areas affected by an industrial transition and regions suffering from serious and permanent natural or demographic disadvantages, such as the northernmost regions with a low population densitly listedand island, cross-border and mountain regions.