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The search returned 2 results.

Is the EU Funding White Elephants in Transport? journal article

Phedon A. Nicolaides

European Structural and Investment Funds Journal, Volume 2 (2014), Issue 1, Page 31 - 37

Public funding of transport infrastructure needs to be spent in a better way. For some projects, more private investment should have been mobilised instead of entirely committing public money to bridge the funding gap. Examining four Commission Decisions on funding of port infrastructure, this article will explore the assessment practice of the European Commission and demonstrate shortcomings of a proper financial analysis. Furthermore, it will be shown that the cost-benefit methodology borrowed from regional policy is not sufficient for State aid purposes as it does not indicate the proportionality of public funding.


Structural Funds and Regional State Aid journal article

Phedon A. Nicolaides

European Structural and Investment Funds Journal, Volume 1 (2013), Issue 1, Page 41 - 45

The use of Structural Funds to support economic activities has to comply with State aid rules. This article briefly reviews the concept of State aid, considers the possibilities afforded to Managing Authorities by the guidelines on State aid for regional development and identifies the obligations of Managing Authorities to notify State aid to the European Commission. The article also provides examples of permissible combinations of Structural Funds and national funds so that the total amount can remain below State aid ceilings.

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