Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/11/1580 (20.12.11) |
Publication Date | 20/12/2011 |
Content Type | News |
Each year, public authorities spend 18% of GDP on goods, services and works. Given the current budgetary restrictions and economic difficulties in most Member States, public procurement policy must, more than ever, ensure the optimal use of funds in order foster growth and job creation and thereby help to achieve the objectives of the Europe 2020 Strategy. The revision of the public procurement Directives announced by the European Commission on the 20 December 2011 is part of an overall programme to thoroughly modernise public tendering in the European Union. This programme also includes a Directive on concessions, which until now have been only partially regulated at European level and present specific features which justify a separate text, while maintaining consistency with the general reform. |
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Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/1580&format=HTML&aged=0&language=EN&guiLanguage=en |
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Subject Categories | Internal Markets |
Countries / Regions | Europe |