Printer Friendly

2010 EU BUDGET : LEWANDOWSKI: IMPLEMENTATION RATE EXCEEDS 97%.

The implementation rate of the EU budget in 2010 exceeded 97%, according to figures presented by Budget Commissioner Janusz Lewandowski to the College of Commissioners, on 23 February.

The implementation of payment appropriations stood at 97.7% in 2010, very close to the 97% rate for 2009 and 98% for 2008. In absolute terms, the volumes of implemented payments in 2010 grew by 2.9 billion compared to the previous year. For commitment appropriations, the implementation rate reached 99.7%. The figures presented for 2010 correspond to the real' budget, ie with amending budgets introduced during the year, 117 billion in payments and 138 billion in commitments.

Due to the multiannual programming system, certain programmes reach cruising speed in the second part of the financial perspectives. Amongst these, the cohesion and regional funds had the highest absorption rate. Payments exceeded what had been allocated in the agreed budget for 2010 by 1.9 billion. Redeployment of unused funds in other areas was the main source of financing for this higher need.

Nevertheless, a few clouds obscured the picture. Lewandowski identified several areas in need for improvement in the implementation: the European Social Fund, rural development, the Competitiveness and Innovation programme, energy projects to aid economic recovery, the European Fisheries Fund and the Instrument for Pre-Accession.

Unlike the financial report, usually released in autumn, Lewandowski indicated this did not provide information about country-specific implementation. The commissioner did, however, make a brief mention of the situation in the new' member states. He talked about a "diversified picture," underlining some "improvements," in particular with regard to cohesion funds.

COPYRIGHT 2011 Europolitics
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Janusz Lewandowski
Publication:European Report
Article Type:Brief article
Geographic Code:4E
Date:Feb 24, 2011
Words:265
Previous Article:STATE AID : ITALY AND GREECE ORDERED TO CLAW BACK ILLEGAL AID.
Next Article:IMMIGRATION : LIBYA: COMMISSION ATTEMPTS TO ASSUAGE ITALY'S FEARS.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters