The Government, at its Tuesday evening meeting, adopted an emergency ordinance updating the national legislative framework governing the prevention, detection and sanctioning of irregularities in the obtaining and use of EU funds and related national public funds, in order to reflect changes in both the domestic legal framework applicable to EU funding and the European regulatory framework for the 2021-2027 programming period..
According to a Government press release, the need for the amendments and additions approved through this normative act arises from the objective of reducing the residual error rate below 2%, as calculated by the Audit Authority and included in the Annual Control Report, by the time the assurance package is transmitted via the electronic data exchange system with the European Commission, so as to ensure the admissibility of the accounts by the European Commission, Agerpres informs.
"The measures introduced by this normative act aim to prevent exceeding the 2% threshold as a result of possible errors or the propagation of errors and, implicitly, to prevent the rejection of the accounts and avoid the application of financial corrections at programme level, by ensuring a functional mechanism that allows for the definitive exclusion of non-compliant expenditure before the submission of the annual accounts declaration, by the statutory deadline for submitting annual accounts (15 February of each accounting year for the previous accounting year or, in exceptional cases, by 1 March)," the Government release shows.
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