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Community Programs - Financial Instrument of the European Communities

Author

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  • Vladislava Jedličková

Abstract

Community programs are a financial instrument of the European Communities. Mechanisms for implementing community programs resulting from general principles of Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities and Commission Regulation (EC, Euratom) No 2342/2002 laying down detailed rules for the implementation of the Financial Regulation. Community programs may be implemented by centralized management or shared management. In the centralized management of community programs are funded directly from the EU budget. The principle of shared management is the division of powers between the European Commission and EU Member States. The first community program, which is in the Czech Republic based on the principle of shared management for the programming period 2007 to 2013 is common program "Solidarity and Management of Migration Flows". Even in this method of financial management, there are areas in which a Member State

Suggested Citation

  • Vladislava Jedličková, 2010. "Community Programs - Financial Instrument of the European Communities," Ekonomika a Management, University of Economics, Prague, vol. 2010(1).
  • Handle: RePEc:prg:jnleam:v:2010:y:2010:i:1:id:86
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