European University Institute Library

Targeting of aid for the modernisation of agricultural holdings, (pursuant to Article 287(4), second subparagraph, TFEU), European Court of Auditors

Label
Targeting of aid for the modernisation of agricultural holdings, (pursuant to Article 287(4), second subparagraph, TFEU), European Court of Auditors
Language
eng
resource.governmentPublication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
Literary Form
non fiction
Main title
Targeting of aid for the modernisation of agricultural holdings
Oclc number
851517167
Responsibility statement
European Court of Auditors
Series statement
EDC collectionSpecial report, no. 8/2012
Sub title
(pursuant to Article 287(4), second subparagraph, TFEU)
Summary
"The European Union co-finances investments that aim at modernising farms. Subsidised investments range from simple farm machinery to complex building projects. In this report, the Court identifies the importance of targeting aid to projects that address clearly identified structural needs in the member states and the priorities set out at the EU level. Effective targeting should direct the funding to viable projects that have a greater chance of achieving the objectives set, thereby providing better value for money for the European and national taxpayers. The Court found that the targeting of the funding varies significantly; whilst some member states have developed systems for selecting the best projects, others fail to target the aid effectively. The Court also underlines the important role of the commission in ensuring that member states have provided for the targeting of the aid when it approves the member states' rural development programmes." (EU Bookshop)
Content
Mapped to