On Thursday 19 April, the Committee of Permanent Representatives of the Member States to the EU (Coreper) approved the inter-institutional agreement on the so-called 'omnibus' regulation concerning the financial rules of the EU (see EUROPE 11991).
This text will modify the existing financial regulation and a series of acts governing the multiannual programmes of the EU in specific areas, such as the cohesion policy. It will introduce simplified rules for the use of various types of funds,...