| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/05/520 (3.5.05) |
| Publication Date | 03/05/2005 |
| Content Type | News |
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The European Commission on 3 May 2005 proposed a revised Financial Regulation. The changes were aimed at significantly simplifying financial procedures, improving efficiency and transparency in EU spending. New rules were expected to be in place by 2007, in time to allow the smooth functioning of a new generation of EU-funded programmes. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/520&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
