Exchange of Views with Spain and Portugal on Possible Suspension of European Structural and Investment Funds - REGI-ECON on 8 November 2016

28-10-2016

Following the Council decision of 12 July 2016 establishing that Spain and Portugal did not take effective action under the Excessive Deficit Procedure, the Commission shall make a proposal to suspend, part or all, of the commitments or payments for the programmes related to the European Structural and Investment Funds for these two Member States. In this context, the European Parliament invited the Commission for a structured dialogue on 3 October 2016. Further to this dialogue, the European Parliament has invited for an exchange of views Luis de Guindos Jurado, Minister of Economy and Competitiveness of Spain and Mário Centeno, Minister of Finance of Portugal. This note is an updated version of an earlier EGOV analysis in the context of the above-mentioned structured dialogue. The cut-off date for information included in this analysis was 27 October 2016.

Following the Council decision of 12 July 2016 establishing that Spain and Portugal did not take effective action under the Excessive Deficit Procedure, the Commission shall make a proposal to suspend, part or all, of the commitments or payments for the programmes related to the European Structural and Investment Funds for these two Member States. In this context, the European Parliament invited the Commission for a structured dialogue on 3 October 2016. Further to this dialogue, the European Parliament has invited for an exchange of views Luis de Guindos Jurado, Minister of Economy and Competitiveness of Spain and Mário Centeno, Minister of Finance of Portugal. This note is an updated version of an earlier EGOV analysis in the context of the above-mentioned structured dialogue. The cut-off date for information included in this analysis was 27 October 2016.