Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-16-Speech-2-163"

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"en.20081216.29.2-163"2
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"The Member States have indicated that they have found it difficult to apply Article 55 efficiently. The main difficulties are a disproportionate administrative burden compared with the amounts concerned and an important risk factor in programme implementation. That is why I voted in favour of this proposal, which aims to amend and simplify this article and which comprises only two points: exclusion of operations cofinanced by the European Social Fund from the scope of Article 55, and establishment of a threshold of EUR 1 million below which projects cofinanced by the European Regional Development Fund or Cohesion Fund would be similarly excluded from the scope of Article 55, both for the purposes of calculating maximum eligible expenditure and for monitoring. The other provisions of Article 55 remain unchanged."@en1

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