Press Release: EU adopts new measures to simplify management of funds to help regions tackle the crisis

Author (Corporate)
Series Title
Series Details IP/10/838 (25.6.10)
Publication Date 25/06/2010
Content Type

The EU on 24 June 2010 adopted new measures aimed at simplifying management rules for the structural and cohesion funds. The changes should help to facilitate access to the funds and accelerate flows of investment at a time when public budgets are under pressure. As part of the measures to counter the economic crisis, additional advance payments totalling €775 million will be paid out to some member countries to tackle immediate cash flow problems

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/838&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
EurActiv, 28.6.10: Commission eases access to regional funds http://www.euractiv.com/en/regional-policy/commission-eases-access-regional-funds-news-495671

Subject Categories
Countries / Regions