Interreg Europe: simpler reporting for fourth call projects
date: 26/07/2019
This new, simpler process means that projects no longer have to give invoices to receive payment and save the first-level control costs. They can focus entirely on content and concentrate more resources on the actual activities. That makes the projects more cost-effective.
Interreg Europe made the changes after regulations such as the Omnibus regulation which removed the EUR 100,000 limit for lump sums were introduced.
This isn’t the first time Interreg Europe has simplified the way it does things. Years ago, they introduced a flat rate for administration costs, a lump sum for preparation costs and reduced control levels.
Interreg Europe is an interregional cooperation programme, co-funded by the European Regional Development Fund. It supports projects improving regional development policies through exchange of experience among EU regions.