South Tyrol retain a large part of most levied taxes, while remaining a net contributor to the national budget. As of 2016, South Tyrol is the wealthiest province in Italy and among the wealthiest in the European Union. In the wider context of the European Union, the province is one of the three members of the Euroregion of Tyrol-South Tyrol-Trentino, which corresponds almost exactly to the historical region of Tyrol. The other members are Tyrol state in Austria, to the north and east, and the Italian Autonomous province of Trento to the South. "South Tyrol" (occasionally "South Tirol") is the term most
Vorarlberg with the "Neue Vorarlberger Bauschule" (literally: "new Vorarlberg building school"). The Vorarlberg school evolved organically the second half of the 20th century, always involving craftsmen and locals in the building process. Today, it is regarded as one of the most important pioneers of the New Alpine architecture. With the typical architecture of Vorarlberg still recognizable, it combines tradition and modernity: clean lines, glass and local wood. Its harmonious mix creates interesting contrasts as in half-timbered houses. Comfort and quality of life are important criteria. Currently, many private houses and public buildings are renovated by architects, favoring local timber and limiting