Corina Cretu, European Commissioner for Regional Affairs:
“We don’t work for blending for the sake of blending but to maximise the impact of our money, European money, on the ground. And it is true that it is a new thing, so we offer a lot of guidance and platforms and advise to the local authorities to improve the administrative capacity and the knowledge and this imbalance, geographical imbalance comes also from the history of our Europe with the expertise that we have, these policies have 40 years and we leave in the hand of historians to show us where the Eastern and Central Europe would have been using these funds. But now we live in the present we want to maximise what we have. So I think it’s very important what Jyrki gave you the example of Greece. And also we have signed with EIB and also for other countries, this kind of fund of funds.
“We have some examples, because show cases are very important for the member states. I am bigger believer in the exchange of good practices, which are sometimes much more important than money because we have in many cases, money waiting in Brussels and we are waiting for administrative capacity – member states to be able to prove that they could use this money.