Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-360-000"
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"en.20110927.26.2-360-000"2
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"One of the most widely discussed political issues, both in Greece and in the other Member States, is the absorption rate of EU finance provided by the Structural Funds and the Cohesion Fund. The low absorption rate does not always signal an inability on the part of the Member States; in numerous instances, it is due to problems inherent in the funds themselves (for example, highly specialised, unmanageable or hard-to-operate programmes which make absorption difficult). In any event, there is no correlation between the absorption of funds and the ability or adequacy of central and local authorities to prepare programmes and suitable projects and to monitor the implementation of such programmes and prevent possible irregularities. In addition to its findings, however, the report identifies one point which is common to all the Member States, including Greece. It recognises that the economic crisis is making it hard for the Member States to find the national contribution needed in order to participate in cofinanced projects and proposes flexible practices, so that EU funds can be released more quickly and invested more efficiently."@en1
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