The common legal framework laid down in the CPR is aimed at enhancing synergies and complementarity and at ensuring consistent implementation of all ESI Funds in the Member States. It helps eligible countries ensure that infrastructure investments that are co-financed by the CF are well-coordinated with similar infrastructure investments that are co-financed under other ESI Funds.
Like the other ESI Funds, the CF is covered by the EU Common Strategic Framework and the national partnership agreements, and is implemented through operational programmes (drawn up at national level due to the CF’s national rather than regional character). The CF is particularly related to the ERDF and the ESF. The three funds are subject to the same provisions on financing, programming, monitoring, evaluation and technical assistance. Thanks to the multi-funding approach based on Article 98 CPR, the CF contribution can be combined with that under the ERDF or ESF in one operational programme. The CF is also subject to provisions known as ‘macroeconomic conditionality’, allowing for the suspension of the Fund in case of non-compliance with the excessive deficit procedure. This rule has been applied to the CF since its creation. It was extended to all other ESI Funds only in the 2014-2020 financial period (Article 23 CPR).
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Be the first to write a comment.