Greek Economy & Markets - Issue 6

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7. What are the main features of the management system?

Unlike the managing system for 2000-2006, the new Management and Control System is lighter in its features, incorporating only those elements that are described in the EU regulations, and are therefore obligatory. The system is characterized by fewer managing authorities and by the political choice to delegate responsibility to the appropriate level — which is where each project is taking place — while keeping an oversight and responsibility toward the European Commission centrally. It also introduces new elements, aiming at improving the time and quality of the projects undertaken. 1. Certification of beneficiaries. All beneficiaries must comply with a certification standard that is being currently developed, in order to qualify for carrying out projects. This is expected to reduce the number of beneficiaries and improve results. Those that are not certified will be able to delegate their project management to agents acting as intermediaries. 2. Demos SA (Municipality SA). This public company will help municipalities-beneficiaries that cannot carry out projects, by undertaking them on their behalf and ensuring full and quality delivery. A similar company, called Nomos SA (Prefecture SA) may also be created. 3. Regional Development Organism. It will assist the regions in their setting up of development policies and the follow-up of projects. 4. Two new companies are introduced, Digital Reinforcement SA and Administrative Restructure SA, with responsibilities in the relevant fields of action.

Sources: Ministry of Economy and Finance, and OJ of the EU, L147/29 (14/6/2003) and C139/10 (14/6/2006)

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