At the end of 1990s, the structural policy of the European Union was modified once again. As a result, the number of priority objectives was reduced from six to three. Yet, the most important objective of this policy - Objective 1 - has remained unchanged. It still aims mainly at supporting the development and structural adjustment of regions whose development is lagging behind the general norm. In the years 2000 - 2006 about 69.7% of the disbursements of structural funds are to be allocated to helping these areas. The major beneficiaries here will be: Spain, Greece and Germany (eastern Lands). Countries which will receive financial aid from structural funds (in relation to Objective 1) may use it to develop infrastructure and human resources as well as to encourage investment in business.

The simulations that have been carried out show the positive influence which the structural funds have on macroeconomic indicators in the beneficiary countries. The available statistic data indicate that the regions which in years 2000 - 2006 will receive considerable support from the structural funds will enjoy an increase of GDP, a higher level of investment, greater employment opportunities and increasing foreign trade. These countries will also experience structural changes in their economies which will be reflected in changes in the structure of the GDP - the share of agriculture and industry in GDP will fall, while the share of the private services sector will increase.