Source: European Parliament
The European Capital of Culture initiative seeks to highlight the richness and diversity of cultures in Europe, and give the EU public a greater sense of belonging to a common cultural area. The ex-post evaluation of past editions has shown it promotes economic growth and tourism, helps build a sense of community and contributes to urban regeneration. Nonetheless, during a public hearing held last December at Parliament, doubts were raised concerning its long-term legacy and the exchange of good practices between the EU cities involved.
This being so:
What financial instruments will the Commission adopt to support local communities in their organisation of the initiative and to ensure the long-term outcome is positive, including at economic level?