Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-05-Speech-3-895"
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"en.20100505.69.3-895"2
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"The Democratic Movement delegation welcomes the adoption of a report allowing the simplification of some provisions of the European Regional Development Fund, the European Social Fund and the Cohesion Fund. Relaxing the deadlines for the use of the funds is a major step forward. The current rules stipulate that aid must be used within two years of it being obtained, or else it has to be returned. The new rules will mean that regions and Member States do not lose funds committed in 2007 for projects whose implementation has been delayed. Henceforth, environmental projects totalling less than EUR 50 million will no longer need to be the subject of a specific application by Member States for approval by the European Commission. Additional financial advances for 2010 will be authorised for those Member States worst affected by the economic and financial crisis. The simplification of some provisions will also make it easier to review the Operational Programmes under way and will allow us to respond better to crisis situations. For example, the regions affected by storm Xynthia will be able to use this new flexibility to help the victims of that disaster."@en1
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