Report from the Commission to the Council and the European Parliament. Tenth annual report 2015 on the implementation of Community assistance under Council regulation (EC) No 389/2006 of 27 February 2006 establishing an instrument of financial support for encouraging the economic development of the Turkish Cypriot community

Author (Corporate)
Series Title
Series Details (2016) 495 final (4.8.16)
Publication Date 04/08/2016
Content Type ,

Council Regulation (EC) No 389/2006 (the "Aid Regulation") is the basis for the assistance to the Turkish Cypriot community (TCc) and requires annual reporting to the Council and the European Parliament. This report covers the year 2015.

Between 2006 and the end of 2015, €402 million was programmed for operations under the Aid Regulation. The amount committed in December for the 2015 annual programme was €32,337,900.

The Multiannual Financial Framework (MFF) 2014-20 provides a multi-annual perspective to the programme with a provision for stable, annual funding. The assistance programme is, however, temporary in nature, aiming to facilitate the reunification of Cyprus and Council Regulation No 1311/213 laying down the MFF allows for a revision in the case that a reunification is achieved during the MFF period.

Source Link http://eur-lex.europa.eu/collection/eu-law/pre-acts.html
Countries / Regions ,