THE EUROPEAN UNION STRUCTURAL FUNDS' SIGNIFICANCE IN THE DEVELOPMENT OF LATGALE
The European Union structural funds financing is apportioned unevenly among the regions, including counties and cities. When allocating the received structural funds financing, the level of social and economic development of an area is not taken into account. Besides the problems of poor municipalities co–funding in the uptake of the European Union structural funds are not considered. The existing problems do not allow to the regions of Latvia to develop and to compete equally, all in all impeding development and growth of the country. According to the author's opinion, in order to solve the social and economic problems Latvia makes inefficient use of the allocated European Union structural funds financing.