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European Commission Spokesman's Briefing for 98-10-13

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

13/10/98


CONTENTS / CONTENU

  • [01] Commission adopts annual report of the Cohesion Fund 1997
  • [02] Mario Monti : "Better regulation is crucial to sustainable employment"

  • [01] Commission adopts annual report of the Cohesion Fund 1997

    The European Commission has adopted its Annual Report of the Cohesion Fund for the year 1997. The report concentrates on how the four beneficiary countries, Spain, Portugal, Greece and Ireland, have put the aid that has been made available to them to use. It takes a close look at the environmental and infrastructure strategies followed by these countries and gives a detailed account of the projects put into action. Moreover, it sheds light on the budget implementation in 1997 as well as on the conditionality decisions taken for that year. One of the main findings of the report is that there has been a growing number of environmental projects. For the first time therefore the overall share-out of funds between 1993 and 1997 has been nearly equal for the environmental and infrastructure sector. Nevertheless, when it comes to specific countries, Ireland especially, but also Spain and Portugal need to launch more environmental projects. Another finding of the report is that in the field of infrastructure the number of railprojects was significantly raised. While the commitments from the Cohesion Fund for the railsector were at just under 20% in 1993-96, the commitments in 1997 were more than 32%.

    [02] Mario Monti : "Better regulation is crucial to sustainable employment"

    "Improving legislation has a crucial role to play in the process of creating and maintaining jobs" stressed European Commissioner for Single Market and Taxation, Mario Monti, at a Conference organised by the Austrian Presidency in Vienna on 13 October. The Commission has done its utmost to simplify legislation of the European Union (EU), notably through the SLIM initiative (Simpler Legislation for the Internal Market) which has successfully been applied to a series of areas ranging from financial services to collection of statistics, and through BEST (Business Test Panel) aiming to assess the impact of the legislation on business before the legislation is put forward. However, Member States are responsible for the bulk of the regulatory framework for business. As the European Councils in Luxembourg and Cardiff recognised, product, service, capital and services markets need to be flexible and efficient if the full benefits of the single currency are to be felt. Specific monitoring to improve the regulatory environment at the national level will therefore be necessary. "A change of culture in public administration, exchange of best practices, visibility and transparency of the legislative framework : these must be amongst the main priorities to be included in the multilateral surveillance exercise established by the Cardiff European Council in view of reforming the structural elements of the economy", said Mr Monti.

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


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