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European Commission: Actions with structural funds to promote growth

The European Commission over the last years has taken a range of actions to enhance growth through the use of structural funds, to counter the crisis and ensure a quicker delivery of available funding. Particular attention has been given to Member States which are currently receiving special macro-economic assistance, the so called programme countries (Ireland, Romania, Latvia. Portugal and Greece). For some other Member States a re-programming of funds has taken place, to be able to invest EU funding in sectors where a quick absorption of investments can take place.

Bulgarian authorities and Commissioner Hahn discussed the uptake of EU funds

On 29 November Bulgarian ministers presented a plan to increase the use of structural funds in the field of environment. The plan covers the accelaration of investments in the water and waste treatment, expanding the scope to new priorities like energy efficiency, for instance district heating, as well as urban transport. Major infrastructure projects (i.e. the Struma Motorway) have also been raised.

Commissioner Hahn and Portuguese authorities: talk on possible redistribution of funds to job-creating sectors

Full press release below: 21/11/2011 Commissioner Hahn went to Lisbon on 17 and 18 November to discuss with several representatives of the Portuguese Government the state of play on cohesion policy in Portugal. He raised with them the possibility of redefining and reprogramming some of the funds for sectors with the potential for generating growth and creating jobs.

Task Force to speed up implementation of Cohesion Funds in Italy

Last Monday, the European Union approved an Italian proposal to reduce co-financing from 50 to 25% in relation to the allocations from the Structural Funds 2007-2013. This will allow Italy to finally benefit from the €8 Billion made available through the ESF and quickly allocate them. Italy risked to see the funds decommited due to the difficulties to meet the deadlines set by the Commission.

Task Force for Portugal to be established

The European Commission, at the request of the Portuguese Government, has decided to create a support structure with the aim of better using and targeting Community funds in support of the Economic and Financial Assistance programme being implemented in Portugal.

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