Financial Management of European Territorial Cooperation by hcj

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									EGTC in the financial crisis
Elements of reflection
                        EGTC interinstitutional conference
                                 29 March 2012 | Brussels
                  Is the EGTC a useful tool to face financial crisis?




Financial crisis demands coordinated answers,
cooperation and solidarity, beyond national borders.

EGTCs can and do contribute, as a tool at the
service of economic, social (and territorial) cohesion.

EGTCs cannot solve all problems: but EGTCs shed
light on existing cooperation barriers (multi-level
governance, economic development, administrative
burdens, legal incompatibilities) – and find innovative
solutions.

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Is the EGTC a useful tool to face financial crisis?




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                              REVIEW OF EGTC REGULATION




Amended EGTC Regulation will foster cooperation
possibilities:
•Extension to “public undertakings”
•Clarification on liability (“insurance”)
•Bilaterial EGTCs EU/third countries

àASAP, so that programming can start and integrate new
EGTC provisions
àTax incentives (like EEIG or ERIC system – e.g. VAT
exemption)?




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                       2014-2020 – A NEW DIMENSION FOR EGTCS?



Reinforced and new options for EGTCs:

•ETC programmes (MA/JTS, incl. FLC). Interest limited?
•ETC projects

                                     “
•„Integrated Territorial Investmentsin cooperation context:
EGTC as intermediatebody
•„Jointaction plan“: member of steering committee
•„Community-led Local Development“: EGTC as member of
local development group?
•See also EGTC to manage interregional cooperation
actions of regional OPs ( art 37(6)b -> 87(2)c)

Programming is starting now already!
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                EGTCs in the framework of macro-regional strategies


What new opportunities in the framework of macro-
regional strategies?

No new institutions. But coordination needed (between
countries, funds and sectors)

EGTCs could contribute to “alignment of funding”, e.g.:
•Run, on long-term, several projects financed by different
sources along a consecutive line
•Act as partner in different “small” projects, which
together contribute to a wider policy
•Manage a fund put together by different countries (e.g.
Investment fund) to support initiatives
•Manage a multi-fund programme (e.g. in Baltic Sea
Region – BONUS Programme run by an EEIG)
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                                         What´s next?




àExisting and potential EGTCs to look at the options
posed by new regulatory framework
àNetworking between EGTCs – Sharing experiences and
bringing EGTC issues to the forefront
àInformation + political support

àInformation and possible scenarios on EGTC use in new
legal framework (INTERACT is working on this)




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