Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-244-500"
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"en.20111201.35.4-244-500"2
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"The aim of the report is to make the regulation of financial instruments clearer and more differentiated. In the 2000-2006 programming period, Member State experiences regarding the use of financial instruments were very positive and accordingly, they decided to continue to use these instruments in the 2007-2013 period as well.
I welcome the European Commission’s intention to clarify the use of an existing instrument. In order for the Commission to be supplied with appropriate information about the implementation of financial instruments, it is imperative to introduce special reporting provisions in this regard, but I consider it important to stress that a more thorough European Commission supervision of financial instruments must not result in a substantial increase in Member State reporting and administrative burdens."@en1
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