Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-14-Speech-3-249-000"

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"en.20120314.22.3-249-000"2
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"In favour. The Commission recognises that the sustained financial and economic crisis is increasing the pressure on national financial resources. In this context, it considers ensuring the smooth implementation of cohesion programmes to be of particular importance as a tool for injecting funds into the economy. Nonetheless, the liquidity problems resulting from budget constraints are making it difficult to implement the programmes, particularly in the Member States which have been most affected by the crisis. In order to ensure that these Member States continue the implementation of the European Fisheries Fund (EFF) programmes on the ground and disburse funds to projects, the Commission proposal contains provisions that would allow increased payments to be made to these countries for the period they are under the support mechanisms. More specifically, it is proposed that a top-up of ten percentage points will be applied to the cofinancing rates applicable to the priority axis of the programmes for newly certified expenditure submitted during the period in question. In applying the top-up, the cofinancing rate of the programme cannot exceed by more than ten percentage points the maximum ceilings set in Article 53(3) of the EFF Regulation (75% and 50% respectively for eligible and non-eligible regions under the Convergence Objective)."@en1
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