1 Amendments of Rolandas PAKSAS related to 2011/0209(COD)
Amendment 4 #
Proposal for a regulation
Recital 11
Recital 11
(11) In order to facilitate the management of Union funding, to help accelerate the investments and boost competitiveness in Member States and regions concerned and to increase the impact of the funding on the economy it is necessary to allow the increase of the EAFRD contribution rate up to ato 95% of eligible public expenditure in the regions eligible under the Convergence objective and 85% of eligible public expenditure in other regions which are facing serious difficulties with respect to their financial stability, without, however, increasing the overall budget for EU cohesion policy for the 2007-2013 programming period.