CAST Flashcards
(100 cards)
1
Q
most common challenges of SME
A
- liquidity problems - ability to cover immediate or short terms debts and responsibilities - acquisition of costly goods at the beginning of the proejcts
2
Q
risk mitigation measures of SME
A
- plan expenses and projects in advance - know when to expect the EU payments
3
Q
an audit can happen
A
even after the project is over, up to 2 years.
4
Q
European charter of fundamental rights
A
- it became legally binding with the Lisbon treaty - into force on 1 dec 2009 - there is a fundamental rights agency - there was a British, a polish and a czech protocol
5
Q
OLAF
A
- is the European anti-fraud office - in brussels - may examine corruption and serious misconduct within the EU institutions
6
Q
meaning of direct management
A
a project’s funding is directly managed by the EU (management of the budget of projects carried out by its departments, at its headquartes, in EU delegations or executive agencies.
7
Q
Europe 2030 energy goals
A
- 40% cut in GHG emissions compared to 1990 levels - at least 27%share of renewable energy consumption - support the completion of the internal energy market by achieving the existing electricity interconnection target of 10% by 2020, 15% by 2030.
8
Q
a project that does not achieve its full objective
A
costs that are not justified cannot be payed
9
Q
grant when there are irregularities with the project
A
reductions may be applied if substantial error, irregularities, fraud, series breach of obligations during the award procedure, including improper implementation, submission of false information, failure to provide required information, breach of ethical principles, systematic errors, irregularities or fraud/serious breach of obligations in other grants that have a material impact on the grant
10
Q
who owns pre-financing
A
pre-financing is cash advance. if the recipient does not incur in eligible expenses, he has the obligation to return it to the EU.
11
Q
when a project raises ethical issues
A
get the stakeholders sign a ethical declaration document
12
Q
Structural fund examples
A
cohesion fund (CF) the european maritime and fishiries fund (EMFF) the European Agricultural Fund for Rural Development (EAFRD) the European Social Fund (ESF) the European Regional Development Fund (ERDF).
13
Q
Structural fund
A
Every EU region may benefit from the ERDF and ESF. However, only the less developed regions may receive support from the Cohesion Fund.
14
Q
pre-financing payment
A
made to the coordinator of the porject
15
Q
Guarantee fund
A
- usually 5% of the total grant - not available for distribution until the end of the project - part of the pre-financing
16
Q
European court of auditors (ECA)
A
- independent external auditor - luxembourg - 1 member for each MS - looks after the interests of the EU taxpayers - check that EU funds are correctly accounted for, are raised and spent in accordance with the relevant rules and regulations and have achieved value for money.
17
Q
shared management
A
- 80% of the EU funding is managed under programmes jointly administrated by the EU and national authorities
18
Q
EU budget
A
- final endorsement by EP - budget for a year s determined in advance - the annual budget must remain within a ceiling determined by the MFF (multiannual financial framework). - consensus of the majority of the MS is required
19
Q
2014-2020 budget - buggest heading
A
- sustainable growth:natural resources - smart and inclusive growth - security and citizenship - global europe - administration - compensations.
20
Q
time limit to sign a grant aggrement
A
3 months
21
Q
subsidiarity
A
- article 5 of the EU treaty - social and political issues are dealt with the most immediate level that is consistent with their resolution.
22
Q
EU languages
A
24
23
Q
limite for a low value tender procedure
A
not exceeding 60 000e
24
Q
IAS
A
- Internal Audit service - provides independent advice, opinions and recommendations on the quality and functioning of internal control systems inside the Commission, EU agencies and other autonomous bodie
25
INEA
- Innovative and Network Executive Agency
26
- ERCEA =REA
European Research Council Executive Agency
27
EASME
5. EASME - Executive Agency for Small and Medium-sized Enterprises
28
Chafea
Consumers, health, agriculture and food execuive agency
29
EACEA
Education, audiovisual and cultural EA
30
Ombudsman
An ombudsman, ombud, or public advocate is an official who is charged with representing the interests of the public by investigating and addressing complaints of maladministration or a violation of rights
31
EIT
- European Institute of Innovation and Tecnhology - independent of the EU - Sept 2008
32
MFF
= financial prespective - 7 years - 2014-2020--\> 2021-2027? (1 trilion H2020; 9.4% Erasmus+) - Financial regulation: 966/2012; 1268/2012
33
2018 EU budget
160m€
34
Smart and inclusive (heading or broad policy areas)
Competitiveness for growth and jobs: includes research and innovation; education and training; trans-European networks in energy, transport and telecommunications; social policy; development of enterprises etc. Economic, social and territorial cohesion: covers regional policy which aims at helping the least developed EU countries and regions to catch up with the rest, strengthening all regions' competitiveness and developing inter-regional cooperation.
35
Sustainable growth:natural resources
: includes the common agricultural policy, common fisheries policy, rural development and environmental measures.
36
security and citizenship (heading)
Security and citizenship: includes justice and home affairs, border protection, immigration and asylum policy, public health, consumer protection, culture, youth, information and dialogue with citizens.
37
Global europe (heading)
covers all external action ('foreign policy') by the EU such as development assistance or humanitarian aid with the exception of the European Development Fund (EDF) which provides aid for development cooperation with African, Caribbean and Pacific countries, as well as overseas countries and territories. As it is not funded from the EU budget but from direct contributions from EU Member States, the EDF does not fall under the MFF.
38
administation
Administration: covers the administrative expenditure of all the European institutions, pensions and European Schools.
39
compensations
: temporary payments designed to ensure that Croatia, who joined the EU in July 2013, does not contribute more to the EU budget than it benefits from it in the first year following its accession.
40
H2020 defintion
Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract.
41
H2020 budget
- Excellent science, of which: 31.73% 24 441 - Industrial leadership, of which: 22.09% 17 016 - Societal challenges, of which 38.53% 29 679
42
Creative Europe (budget for culture)
- European Commission's framework programme for support to the culture and audiovisual sectors. - with a budget of €1.46 billion (9% higher than its predecessors), will support Europe's cultural and creative sectors. • 9% culture • 86% media
43
EaSI
- EU Programme for Employment and Social Innovation~ -to promote a high level of quality and sustainable employment, guaranteeing adequate and decent social protection, combating social exclusion and poverty and improving working conditions - managed by the EC (3 programmes: PROGRESS- modernization (61%), EURES-mobility (18%), Progress Microfinance- 21%)
44
COSME
- EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (SMEs) - 2.3bn
45
ESI
- european structural and investment funds - managed by the EU and MS through partnerships agreements --\> Operational Programmses - 11 priorities
46
European regional development fund (ERDF)
– promotes balanced development in the different regions of the EU.
47
European social fund (ESF)
supports employment-related projects throughout Europe and invests in Europe’s human capital – its workers, its young people and all those seeking a job.
48
Cohesion fund (CF)
funds transport and environment projects in countries where the gross national income (GNI) per inhabitant is less than 90% of the EU average. In 2014-20, these are Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia and Slovenia.
49
European agricultural fund for rural development (EAFRD)
– focuses on resolving the particular challenges facing EU's rural areas
50
European maritime and fisheries fund (EMFF)
– helps fishermen to adopt sustainable fishing practices and coastal communities to diversify their economies, improving quality of life along European coasts.
51
CEF
- The Connecting Europe Facility (CEF) - funding instrument to promote growth, jobs and competitiveness through targeted infrastructure investment at European level. - trans-European networks in the fields of transport, energy and digital services. - Since January 2014, INEA is your gateway to funding under the CEF. - INEA implements most of the CEF programme budget, in total €27.4 billion out of €30.4 billion (€22.4 billion for Transport, €4.7 billion for Energy, and €0.3 billion for Telecom).
52
LIFE
- financial instrument supporting environmental, nature conservation and climate action projects throughout the EU. - Since 1992, - €3.4 billion to the protection of the environment and climate.
53
Erasmus +
EU's programme to support education, training, youth and sport in Europe. Its budget of €14.7 billion will provide opportunities for over 4 million Europeans to study, train, gain
54
AMIF
- The Asylum, Migration and Integration Fund (AMIF) - was set up for the period 2014-20 - EUR 3.137 billion for the seven years. - promote the efficient management of migration flows and the implementation, strengthening and development of a common Union approach to asylum and immigration.
55
DCI
- Development Cooperation Instrument (DCI) - €19.6 billion - Lisbon Treaty, 'Agenda for Change' of EU development policy. - objective: reduction of poverty, fostering sustainable economic, social and environmental development as well as promoting democracy, the rule of law, good governance and respect for human rights.
56
PRESIDENT
Ursula von der Leyen (2019-2024)
57
EXECUTIVE VICE-PRESIDENT (3)
Frans Timmermans European Green Deal Margrethe Vestager A Europe Fit for the Digital Age Valdis Dombrovskis An Economy that Works for People
58
HIGH REPRESENTATIVE/VICE-PRESIDENT
Josep Borrell Fontelles A Stronger Europe in the World
59
VICE-PRESIDENT
Maroš Šefčovič Interinstitutional Relations and Foresight Věra Jourová Values and Transparency Dubravka Šuica Democracy and Demography Margaritis Schinas Promoting our European Way of Life
60
COMMISSIONER Budget and Administration
Johannes Hahn
61
COMMISSIONER Innovation, Research, Culture, Education and Youth
Mariya Gabriel
62
COMMISSIONER Jobs and Social Rights
Nicolas Schmit
63
COMMISSIONER Economy
Paolo Gentiloni
64
COMMISSIONER Agriculture
Janusz Wojciechowski
65
COMMISSIONER Internal Market
Thierry Breton
66
COMMISSIONER Cohesion and Reforms
Elisa Ferreira
67
COMMISSIONER Health and Food Safety
Stella Kyriakides
68
COMMISSIONER Justice
Didier Reynders
69
COMMISSIONER Equality
Helena Dalli
70
COMMISSIONER Home Affairs
Ylva Johansson
71
COMMISSIONER Crisis Management
Janez Lenarčič
72
COMMISSIONER Transport
Adina Vălean
73
COMMISSIONER Neighbourhood and Enlargement
Olivér Várhelyi
74
COMMISSIONER International Partnerships
Jutta Urpilainen
75
COMMISSIONER Energy
Kadri Simson
76
COMMISSIONER Environment, Oceans and Fisheries
Virginijus Sinkevičius
77
COMMISSIONER Financial services, financial stability and Capital Markets Union
Mairead McGuinness
78
COMMISSIONER Trade
Phil Hogan
79
project
temporary organisational structure which is setup to create a unique product or service (output) within certain constraints such as time, cost, and quality.
80
Project Management
planning, organising, securing, monitoring
81
project risk
An uncertain event or set of events (positive or negative) that, should it occur, will have an effect on the achievement of project objectives. A risk is generally measured by a combination of the likelihood (probability of the risk happening) and the impact on the project.
82
Budgetary principles (9)
• Unity • Accurancy • Equilibrium • Unity of Account • Universality • Specification • Sound Financial Management • Transparency
83
MEAT
- Most economically advantageous tender - criteria: qualitative, technical, sustainable aspects and price
84
PERT
-Project Evaluation and review technique - US Navy 1950's
85
Ordinary legislative process
EC submits a proposal--\> EP and Council of the European Union (Council) will either approve or amend it--\> If they cannot reach and agreement, both can amend the proposal a second time--\> negotiations --\> then can vote in favour or against.
86
EU data protection
- lawfulness, fairness, transparency - purpose limitation - data minimisation - accuracy - storage limitations - integrity and confidentiality
87
grants can be paid in
- only in euro. - exchange rates of the Official Journal of the EU should be used to compute - applicants carry the exchange rate risk.
88
4 eyes principle
- used in the financial management area - means that a certain activity is approved by at least 2 people
89
after the signature of the grant agreement comes...
pre-financing \>\> planning \>\> formulation
90
cost based management
the process of planning and controlling the budget of a business.
91
Schengen EU countries
- Schengen, Luxembourg, 1985 The 26 Schengen countries are: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.
92
EU countries that are not part of the Schengen area
Bulgaria, croatia, ireland, romania and the UK.
93
NON-EU countries that are part of the schengen area
iceland, norway, switzerland and liechtenstein
94
Image summary countries
95
EU treaties
96
EU was created with which Treaty
Maastrich 1993
97
EU treaty
Maastrich 1993
98
EP committees
AFET-Foreign Affairs
DROI-Human Rights
SEDE-Security and Defence
DEVE-Development
INTA-International Trade
BUDG-Budgets
CONT-Budgetary Control
ECON-Economic and Monetary Affairs
FISC-Tax Matters
EMPL-Employment and Social Affairs
ENVI-Environment, Public Health and Food Safety
ITRE-Industry, Research and Energy
IMCO-Internal Market and Consumer Protection
TRAN-Transport and Tourism
REGI-Regional Development
AGRI-Agriculture and Rural Development
PECH-Fisheries
CULT-Culture and Education
JURI-Legal Affairs
LIBE-Civil Liberties, Justice and Home Affairs
AFCO-Constitutional Affairs
FEMM-Women’s Rights and Gender Equality
PETI-Petitions
Special committees
AIDA-Artificial Intelligence in a Digital Age
BECA-Beating Cancer
INGE-Foreign Interference in all Democratic Processes in the European Union, including Disinformation
Committees of inquiry
ANITProtection of Animals during Transport
99
who can file a complaint?
People or institutions that encountered problems with the EU administration and have not successfully managed to solve it
100
