Parliament economic affairs committee chairman stresses need for simpler EU fund procedures

The chairman of the Committee on Economic Affairs of the Hellenic Parliament Gerasimos Balaouras on Wednesday stressed the need to simplify the procedure for EU funds and improve the current institutional framework.

Balaouras participated in the Interparliamentary Meeting of the European Budgetary Control Committee with the participation of national parliaments.

He underlined that the system of limited management system between States and the Committee contribute to shared responsibility and the collective participation in European affairs and that shared responsibility is an essential European added value to be maintained in the future, addressing, however, the need for further simplification, proportionality and flexibility.