Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-245-500"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20111201.35.4-245-500"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Council Regulation (EC) No 1260/1999 identified the various forms of assistance that could be provided through Structural Fund contributions. Member States established these forms of assistance during the 2000-2006 programming period by setting up specific funds and through repayable assistance delivered via other instruments. On the other hand, Council Regulation (EC) No 1083/2006 does not provide a definition of assistance as either repayable or non-repayable. It contains provisions for financial engineering instruments, but these provisions are rather narrowly defined. Repayable assistance does not appear to be covered by this regulation. Nonetheless, Member States continued to use repayable forms of assistance, based on positive experience from the previous programming period. It is therefore necessary to specify in Regulation (EC) No 1083/2006 that the Structural Funds may cofinance repayable assistance. I also think it is important to provide clarity as to the legality of an existing legal practice. Legal clarity and certainty should be ensured as regards repayable assistance and financial engineering instruments. In my opinion, it is right to monitor the financial engineering instruments, although the additional reporting obligations of the Member States should be modified."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples