Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-245-000"
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"en.20111201.35.4-245-000"2
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"This report concerns the amendment of a regulation which makes no provision for whether or not assistance from the Structural Funds may or may not be refundable. This amendment introduces the concept of the ‘reimbursable grant’, as a direct financial contribution by means of a donation which can be totally or partially reimbursable without interest. This makes it possible for the Structural Funds to finance spending on operations, including through contributions intended to fund repayable assistance, whilst also clarifying that such repayable assistance for the body awarding the aid, or to another competent public authority of the Member State, should be held in a separate account and reused for the same purposes or in line with the objectives of the operational programme.
The Commission proposal also sets out obligations relating to adequate reporting and monitoring in the area of financial engineering instruments. The rapporteur proposes, as seems appropriate to us, to accommodate the general objectives of the Commission proposal, although she restricts additional reporting obligations for the Member States."@en1
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