Hercule III: more transparency in the fight against fraud and smuggling. Monica Macovei MEP

Date

26 Nov 2013

Sections

EU Priorities 2020
Euro & Finance

Press release

Today the European Parliament’s Committee on Budgetary Control (CONT) unanimously adopted Monica Macovei's Report on the European Parliament and Council Regulation establishing Hercule III, a programme promoting activities dedicated to the protection of the Union’s financial interests against fraud and smuggling. The text presented by the Rapporteur is the result of the negotiations held during trilogues with the Council.

 As of 1 January 2014, Hercule III will replace its predecessor Hercule II and operate under the 2014-2020 Multiannual Financial Framework. Under the new programme, the European Union will co-finance activities including technical assistance, the purchase of equipment such as scanners, and specialised training up to 80% of the eligible projects. In exceptional and duly justified cases, as well as for Member States facing higher risks regarding the protection of the Union's financial interests, the co-financing rate will be of a maximum 90%.

 "In the past, assessing the efficiency of the Hercule Programme was particularly difficult due to the scarcity of information disclosed by the European Commission. The situation is about to change under Hercule III with the European Parliament gaining greater scrutiny on the implementation and evaluation of the programme. As Rapporteur, I ensured that the Regulation would include crucial provisions such as a non-exhaustive list of key performance indicators, delegated acts regarding the indicative allocation of funds as well as a mid-term and final evaluation report on the programme’s achievements and added value", said Macovei. "In addition, once every year, the Commission will have to provide the Parliament with information on the implementation of Hercule III, including on the objectives and the results achieved."

 

For further information:

Monica Luisa MACOVEI MEP, tel.: +32-228-45225

Eugen Sandu, EPP Group Press and Communications Service, tel.:+32-472-547584

 

Note to Editors

The EPP Group is by far the largest political group in the European Parliament with 275 Members from 27 Member States.