Between 2008 and 2012, unemployment increased in four out of five regions in the EU. In addition, GDP shrank in two out of three regions between 2007 and 2010. This crisis has a widespread effect including both more and less developed regions. As a result, the disparities between EU regions have started to grow again after a long period of convergence.
via Regional Cooperation - Institutions http://regional-cooperation.eu/institutions.xml