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EGTC in the financial crisis

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.

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EGTC in the financial crisis

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  1. EGTC in the financial crisis Elements of reflection EGTC interinstitutional conference 29 March 2012 | Brussels

  2. 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.

  3. Is the EGTC a useful tool to face financial crisis?

  4. REVIEW OF EGTC REGULATION • Amended EGTC Regulation will foster cooperation possibilities: • Extension to “public undertakings” • Clarification on liability (“insurance”) • Bilaterial EGTCs EU/third countries • ASAP, so that programming can start and integrate new EGTC provisions • Tax incentives (like EEIG or ERIC system – e.g. VAT exemption)?

  5. 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 Investments“ in cooperation context: EGTC as intermediate body • „Joint action 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!

  6. 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)

  7. What´s next? • Existing and potential EGTCs to look at the options posed by new regulatory framework • Networking between EGTCs – Sharing experiences and bringing EGTC issues to the forefront • Information + political support • Information and possible scenarios on EGTC use in new legal framework (INTERACT is working on this)

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