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Commission Publishes Annual Report 2008 on the Structural Funds
11.12.2009 | Source
The Commission recently published three annual reports for the year 2008 on the Structural Funds, Cohesion Funds and the pre-accession instrument ISPA.
Extract of the Annual Report 2008 on the Implementation of Structural Funds: Zoom on INTERREG (p. 7 of the report):
"By the end of 2008 the 81 INTERREG III/Neighbourhood programmes had selected about 15,000 projects and networks aiming at reducing the effects of national borders, language barriers and cultural differences and developing border areas, supporting strategic development and territorial integration across larger zones of the Union and better integration with its neighbours. Effectiveness of regional development policies and instruments has also been supported through sharing of good practice and exchange of experience. In 2008, the implementation of 81 INTERREG III/Neighbourhood programmes continued to progress well with a payment execution rate of 85%. Due to the more specific and challenging nature of cooperation programmes and projects de-commitments due to the "n+2" rule could not be avoided for some programmes, representing an overall amount of € 3.74 million in recoveries.
