Marseille-Provence 2013 a larger, decades-long, multibillion-dollar development effort to revitalize the city. The official designation of European Capital of Culture was created in 1985 with the goal of building ties between citizens of the European Union by celebrating both the diversity of European culture and its common history and values. The event is also considered an opportunity for a city or region raise its international profile and to foster urban renewal through investment in culture and tourism. Thus far, more than 40 cities have received the European Capital of Culture designation. The city of Marseille launched its candidacy to host the European
Capital (French magazine) Capital (French magazine) Capital is a monthly French economics and business magazine published in Paris, France. "Capital" was established in 1991. The first issue appeared in October 1991. Axel Ganz, head of the international operations section of Gruner + Jahr, was the founder of the magazine, which is published monthly by the Prisma Press group. The editor-in-chief is Jean-Joël Gurviez. Its target audience is the senior executives and decision-makers in the fields of industry, finance and politics. In 2015 "Capital" was redesigned and its logo was changed. In 1991 "Capital"'s circulation was 220,000 copies. Its circulation was 339,771 copies in