December 31, 2009 - Financial Progress update: the final data

The financial progress update of rural development programs at December 31, 2009 has been drawn up on the basis of European Commission final data and it confirms the Italian system financial delay. As far as the entire 2007-2013 Programming Period is concerned, spending capacity compared to EU allocations is equal to 18.45% which, without any kind of deposits or advances, actually defines costs equal to merely 11.99% of the financial envelope Italy has received benefit from.
At December 31, 2009 only rural development programs from Bolzano, Friuli Venetia Giulia, Marche, Trento and Umbria regions turned out to have already exceeded the minimum reference threshold value to be reached within December 31, 2010, thus avoiding EU funds automatic decommitment rule.