Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-357-000"
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"en.20111213.26.2-357-000"2
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"I support this proposal. As a consequence of the financial and budgetary crisis, some Member States are facing budgetary constraints which might prevent them from fulfilling their commitments in cofinanced Community programmes (structural and cohesion funds, EAFRD and European Fisheries Fund). These Member States are at the risk of losing the Community support through EAFRD unless they provide proof of spending matching national funds, as defined in Article 70 of Regulation (EC) No 1698/2005, at the latest 2 years after the year initially foreseen for the payment (n+2 rule). Against this background, the Commission proposes to temporarily increase the maximum Union cofinancing rate for programmes running in Member States that are subject to support of the EFSM (Council Regulation (EU) No 407/2010) – currently Greece, Ireland and Portugal – and the balance of payments facility for non-eurozone Member States (Council Regulation (EC) No 332/2002), currently Latvia and Romania. This temporary increase in community cofinancing, provided on application by the Member State concerned, would reduce the amount of matching national funds needed in budget years 2011 and 2012. It would thus help to make programmed funds available for the rural economy and contribute to an overall economic recovery in these Member States."@en1
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