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Less paperwork and more focus on results: Commission reviews rules for access to EU funds
1 June 2010
The European Commission (EC) adopted changes on 28 May to simplify access to EU funds by cutting red tape and saving costs for EU beneficiaries.
New rules will also provide more scope for combining public and private funding for a bigger investment impact. "The changes will help deliver the new generation of EU programmes post 2013", the press release reports.
The new text of the financial regulation proposed by the EC need to be adopted by the European Parliament and the Council. The Commission expects the legislative process to be completed by the end of 2011.
Download the final text of the financial regulation
Campaigning for Funding Reform
The new text is a crucial step in Euclid Network's (EN) campaign to reform European funding.
EN have been working with its members and other NGO networks across Europe to ensure that our recommendations on how European funding can work better for civil society are included in the new text.
The financial regulation is the rules and regulations through which all European funding must adhere to. The review of the regulation takes place every three years.