council regul ec june amend regul ec establish cohes fund council european union regard treati establish european commun paragraph articl thereof regard propos commiss regard assent european parliament regard opinion econom social committe regard opinion committe region pursuant articl regul ec council reexamin regul decemb basic principl cohes fund laid continu govern fund activ experi shown improv singl currenc euro affect macroeconom situat commun remov elig beneficiari countri base gross nation product member state particip euro submit council stabil programm set medium term object achiev budget balanc surplu decis ec european parliament council adopt commun guidelin develop tran european transport network transit period januari decemb refer euro read refer euro monetari unit provid sentenc articl council regul ec introduct euro view continu progress achiev real converg take account macroeconom context cohes fund oper alloc assist member state particip euro adjust account improv nation prosper attain previou period procedur strengthen surveil budgetari posit surveil coordin econom polici set regul ec preliminari final figur public sector borrow requir gross domest product gross nation product compil accord rule european system integr econom account establish regul ec resolut stabil growth pact adopt amsterdam european council meet june set role member state commiss council principl high level assist retain search sourc financ beneficiari member state effort maximis leverag fund resourc encourag greater privat sourc fund support commiss rate assist vari improv leverag fund resourc account rate return project applic pollut pai principl laid articl treati compli oper financ fund whera respons member state financi control work laid provis ensur continu financ oper progress adjust regulatori requir regul ec amend adopt regul articl regul ec amend recit insert sixth recit read quot regard econom converg criterion current macroeconom condition provis continu appli project project stage financ fund member state event council act qualifi major recommend commiss find member state respect stabil growth pact quot recit insert seventh recit read quot provis speed clarifi excess deficit procedur object deter excess gener govern deficit occur prompt correct set council regul ec quot recit insert recit read quot total annual receipt member state cohes fund regul combin assist provid structur fund limit gener cap depend nation absorpt capac quot st recit renumb recit read quot provis made conjunct fulfil condit econom converg set articl treati sound manag govern deficit form condition grant financi assist context complianc oblig aris treati assess due regard guidelin adopt resolut european council june stabil growth pact concept excess deficit interpret light resolut particip member state macroeconom condition assess take account respons member state respect stabil euro quot paragraph ad articl read quot elig fund januari beneficiari member state introduc programm provid articl council regul ec member state meet gnp criterion refer paragraph spain greec portug ireland mid term review provid paragraph carri end base capita gnp shown commun data period quot articl amend paragraph indent word quot quot delet ii indent replac quot transport infrastructur project common interest support member state identifi framework guidelin adopt decis ec european parliament council juli develop tran european transport network quot paragraph indent amend introductori phrase replac quot technic support measur includ public inform campaign quot ii point word quot supervis quot insert quot monitor quot articl fourth paragraph ad read quot januari total resourc commit period eur billion price commit appropri year period eur billion eur billion eur billion eur billion eur billion eur billion eur billion event member state inelig resourc cohes fund reduc quot articl replac quot articl indic alloc indic alloc total resourc fund made basi precis object criteria princip popul capita gnp take account improv nation prosper attain previou period surfac area account socioeconom factor defici transport infrastructur indic alloc total resourc result applic criteria set annex total annual receipt cohes fund regul combin assist provid structur fund exce nation gdp quot articl replac quot articl condit assist project event import project project stage financ fund member state event council act qualifi major recommend commiss find member state applic regul implement programm refer articl avoid excess govern deficit suspens financ ceas council act condit find member state concern measur implement programm avoid excess govern deficit exception case project directli effect member state council act qualifi major recommend commiss decid defer suspens financ quot articl amend paragraph amend subparagraph replac quot januari rate reduc account cooper member state concern estim revenu gener project applic pollut pai principl quot ii subparagraph ad quot achiev commiss support beneficiari member state effort maximis leverag fund resourc encourag greater privat sourc fund quot paragraph word quot expenditur calcul quot quot base quot delet articl amend paragraph quot ecu quot replac quot eur quot paragraph eighth line word quot quot quot impact quot delet indent paragraph word quot includ pollut pai principl quot insert word quot environ quot articl amend paragraph quot ecu quot replac quot euro quot articl amend paragraph replac quot prejudic commiss respons implement commun budget member state respons instanc financi control project end measur includ verifi manag control arrang set implement ensur commun fund effici correctli provid commiss descript arrang ensur project manag accord applic commun rule fund dispos accord principl sound financi manag certifi declar expenditur present commiss accur guarante result account system base verifi support document prevent detect irregular notifi commiss accord rule keep commiss inform progress administr legal proceed context member state commiss step ensur inform exchang remain confidenti present commiss project step project group project wound declar drawn person depart function independ design author declar summaris conclus check carri previou year assess valid applic payment final balanc legal regular expenditur cover final certif member state attach opinion declar cooper commiss ensur commun fund accord principl sound financi manag recov amount lost result irregular detect charg interest late payment commiss respons implement commun budget ensur member state smoothli function manag control system commun fund effici correctli end prejudic check carri member state accord nation law regul administr provis commiss offici servant accord arrang agre member state framework cooper articl annex ii carri spot check includ sampl check project financ fund manag control system minimum work dai notic commiss give notic member state concern view obtain assist offici servant member state concern part check commiss requir member state concern carri spot check verifi correct transact commiss offici servant part check quot paragraph delet paragraph paragraph articl word quot end quot replac quot decemb latest quot annex replac quot annex indic alloc total resourc cohes fund beneficiari member state spain total greec total ireland total portug total quot articl applic submit entri forc regul remain valid provid supplement compli requir regul ec amend month entri forc regul articl regul enter forc januari regul bind entireti directli applic member state luxembourg june council presid verheugen oj assent deliv publish offici journal oj oj oj oj oj oj oj regul amend regul ec oj oj oj oj oj oj