EU solidarity in the Azores: Miracle or mirage? (part 1)

Europe Rendezvous brings you a special programme from the Azores, a beautiful and remote archipelago in the Atlantic. The dramatic volcanic islands constitute an Autonomous Region of Portugal, and also an Outermost Region of the EU. That means their relatively small population of around 240,000 inhabitants receives outsized help from the EU – about €160 million in cohesion funds every year. Despite that investment, the Azores' GDP in 2023 was lower than it was in the 2000s. So how much have EU funds actually helped to level up this distant territory?