Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-233-000"

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"en.20121023.13.2-233-000"2
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"The Financial Regulation marks a positive step forward for simplifying the methods for managing EU budget funds. Taken together, these rules (which include over 500 amendments negotiated with the Council over a period of almost one year) will provide us, from 1 January 2013, with new, more efficient and more effective legal and operational instruments for facing the challenges of an economic and political crisis. There are a number of new provisions, including the new Title VIII, devoted entirely to new financial instruments cofinanced from the overall EU budget to promote new revenue for supporting EU policies at this time of crisis. New and simpler rules for shared management between the Commission and the Member States provide for new accreditation bodies responsible for control of funds, monitoring compliance and suspending accreditation where appropriate, as well as new and simpler rules for the creation and management of public-private partnerships, in particular in the research and industry sectors."@en1

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