Proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) No 1303/2013 as regards certain provisions relating to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability

Summary:

The sustained financial and economic crisis has put national financial resources under pressure as Member States pursue necessary policies of fiscal consolidation. In this context, ensuring a smooth implementation of programmes supported by the European Structural and Investment Funds (ESIF) is of particular importance for investment in growth and jobs. Programme implementation is often challenging, not least as a result of the liquidity problems resulting from fiscal consolidation. This is particularly the case for those Member States which have been most affected by the crisis and have received financial assistance under an adjustment programme.

ESO Records

New Commission proposal helps Cyprus and Greece fully seize investment opportunities under ESI Funds http://www.europeansources.info/record/proposal-from-the-european-commission-to-prolong-top-up-in-eu-funding-for-projects-in-greece-and-cyprus-under-esi-funds/

Report from the Commission to the European Parliament and the Council containing the assessment required under Articles 24(3) and 120(3) third sub-paragraph of Regulation (EU) No 1303/2013 http://www.europeansources.info/record/report-from-the-commission-to-the-european-parliament-and-the-council-containing-the-assessment-required-under-articles-243-and-1203-third-sub-paragraph-of-regulation-eu-no-1303-2013/

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