Author (Corporate) | European Court of Auditors |
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Publisher | Publications Office of the European Union |
Series Title | ECA Special Reports |
Series Details | 02/2023 |
Publication Date | February 2023 |
ISBN | 978-92-847-9281-8 |
ISSN | 1977-5679 |
EC | QJ-AB-23-002-EN-N |
Summary:We examined how the Commission adapted the rules to provide greater flexibility to Member States in using 2014-2020 cohesion policy funds in response to the COVID-19 pandemic. We found that the Commission reacted promptly and largely adapted the rules well, facilitating the redirection of existing resources at a time of serious economic distress. The significant new resources brought in allowed Member States to fund additional investments, but also added to the pressure to spend the funds well. We recommend that the Commission analyse the impact of using cohesion funding to tackle crises on the long-term objectives of the policy, and monitor Member States’ spending to help them achieve performance targets. |
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Source Link |
https://www.eca.europa.eu/en/Pages/DocItem.aspx?did=63210
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Subject Categories | Economic and Financial Affairs, Health |
Keywords | COVID-19 (Coronavirus) |
International Organisations | European Union [EU] |
Record URL | https://www.europeansources.info/record/?p=527698 |