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Cohesion policy belongs among the most important fields of EU interests. Its objectives are achieved by many ways with respect to diversity among the European regions at the level of NUTS 2. The aim of this paper is to analyse relevant indicators, and via the evaluation of EU regional policy effectiveness to rewiev difference in the production-consumption patterns of behaviour of European regions; focussing on convergence and variabiliness of these regions. With defined goal in mind, the regions have been classified. To classify the regions, the relational indicator has been created. The relational indicator has been developed as the relationship between the index of relative performance and index of relative consumption sources. The changes of relational indicator, as well as the GDP per capita criterion, have been evaluated in two periods. [ABSTRACT FROM AUTHOR]

The economic potential of a country is consistently a primary goal of existence and sustainable development. To achieve this major goal is necessary to undertake strict complex studies to formulate a correct diagnosis and real economic situation and the rationale, on this basis, decisions economic policy and legislative decisions aimed at both time horizons immediate and for longer periods of time. In this context the significance and importance of GDP per capita as synthetic macroeconomic indicator is developed a multifactorial econometric model that includes two exogenous variables, the employment rate over 55 and resource productivity. [ABSTRACT FROM AUTHOR]