Government Adopted Action Plan to Increase EU Funds Absorption Efficiency 2016-2018

eu13 June 2016, VG Intelligence Weekly Issue 010

During a cabinet session, the government adopted an action plan to increase the usage efficiency and the absorption rate of the European Structural and Invest­ment (ESI) Funds for the period 2016-2018. The new measures include the following: simplifying the application procedure, employment of new EU funds profession­als, strengthening cooperation between implementation bodies and applicants, introduction of e-submission applica­tions, improving cooperation between the central and local governments when working on the EU projects, et al. The three main goals to be achieved are re­ducing the administrative burden, en­suring the accountable management of funds, and preparing a sufficient number of “ready-to-implement” projects. The plan was proposed by the Ministry of Regional Development and EU Funds…

See more