1 Amendments of Dorien ROOKMAKER related to 2020/0108(COD)
Amendment 111 #
Proposal for a regulation
Article 27 – paragraph 3
Article 27 – paragraph 3
3. The Commission shall report on the implementation of the InvestEU Programme in accordance with Articles 241 and 250 of the Financial Regulation. In accordance with Article 41(5) of the Financial Regulation, the annual report shall provide information on the level of implementation of the Programme with respect to its objectives and performance indicators. For that purpose, each implementing partners shall provide on an annual basis the information necessary to allow the Commission to comply with its reporting obligations, including information on the operation of the EU guarantee. The performance reporting system provides real-time insights into the management and implementation of the InvestEU-program and is accessible for every EU citizen. This guarantees transparency of the resources spent and enhances accountability.