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EU unable now to rejig awarding of 2007-2013 regional funds

Key to focus on rapid, efficient execution, not reopen debate

06 March, 16:44
EU unable now to rejig awarding of 2007-2013 regional funds (ANSA) - Brussels, March 6 - The European Union is now unable to make programmatic changes to regional funds attributed to member-nations for the 2007-2013 period, EU sources told Ansa, adding that those which do not appear to have been awarded are anyhow being utilized in another way.

"It is key to concentrate on the rapid and efficient execution of that which already exists rather than reopen the debate only a few months before the end of the 2007-2013 program. The sources went on to specify that the negotiations that had taken place with the Italian government on the reprogramming of the funds, which was recently finalized, was aimed at an "immediate impact on growth and work".

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