Geoghegan-Quinn promises simpler regulations
The
simplification of financial and administrative regulation of framework funding
will get more small business in board, according to Geoghegan-Quinn’s
proposals. She insisted that the low participation rate of businesses in
EU-funded research can be improved by making participation more attractive
through simpler rules. Improved financial regulations would also speed up
funding, so businesses get the promised money quicker.
Better
regulation would also make the auditing process for framework projects simpler,
thus freeing time and money for research instead of spending it on daunting
bookkeeping tasks. This would make framework funding more efficient and more
attractive, Geoghegan-Quinn argued in front of the parliament.
Lastly, the
prospective research commissioner highlighted that less rules would mean less
error. The error rate in framework funding spending could be reduced well below
the allowed 2 per cent mark if rules are simplified and made clearer, she said.
Geoghegan-Quinn
was asked by British MEP Giles Chichester whether she would be the kind of
commissioner who will start new actions, or improve existing projects. She
answered she would be both, she would use existing instruments to push new
ideas forward. “I am very action-orientated, I want action and delivery,” she
told MEPs.

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