Proposal for a Decision of the European Parliament and of the Council amending Decision No 573/2007/EC, Decision No 575/2007/EC and Council Decision 2007/435/EC with a view to increasing the co-financing rate of the European Refugee Fund, the European Return Fund and the European Fund for the Integration of third-country nationals as regards certain provisions relating to financial management for certain Member States experiencing or threatened with serious difficulties with respect to their financial stabi

The sustained financial and economic crisis is stepping up the pressure on national financial resources as Member States reduce their budgets. In this context, ensuring the smooth implementation of programmes adopted under the four Funds established as part of the General Programme on ‘Solidarity and Management of Migration Flows’, is of particular importance as a means of injecting funds into the economy.

To ensure that Member States benefiting from a financial support mechanism (or any other Member States which may be concerned by such assistance in the future) continue to implement the programmes adopted under the Funds on the ground and disburse funds to projects, this proposal contains provisions that would allow the Commission to increase the Union co-financing rate for these countries, for the period during which they benefit from financial assistance provided by one of the support mechanisms under any funding instruments. This will provide additional financial resources to the Member States and will make it easier to continue implementing the programmes on the ground.

EUR-Lex: COM(2012)526: Follow the progress of this document through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2012:526:FIN

European Commission: COM(2012)527: Proposal for a Decision of the European Parliament and of the Council amending Decision No 574/2007/EC with a view to increasing the co-financing rate of the External Borders Fund for certain Member States experiencing or threatened with serious difficulties with respect to their financial stability http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2012:0527:FIN:EN:PDF

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