Pre-accession financial assistance for Turkey

PURPOSE : to create a legal basis for pre-accession assistance to Turkey. COMMUNITY MEASURE : Council Regulation 2500/2001/EC concerning pre-accession financial assistance for Turkey and amending Regulations 3906/89/EEC, 1267/1999/EC, 1268/1999/EC and 555/2000/EC. CONTENT : the Regulation aims to include in a single legal instrument the framework for pre-accession assistance to be provided to Turkey integrating the objectives of the existing Regulations of the European strategy of which Turkey currently benefits from as well as the financial framework laid down by MEDA for this country. One single budget line is thus created which replaces all the sources of funding for Turkey. The Commission should ensure that the pre-accession assistance is coordinated with the Member States' bilateral assistance and with funding from the European Investment Bank (EIB), other financial instruments for cross-border cooperation (PHARE, MEDA, TACIS, CARDS, Interreg) and other institutional financial institutions. Each year, the Commission shall submit a report on the implementation of the assistance. The report shall contain information on the programmes and projects financed during the year and the programming for the following financial year, as well as information on the results of monitoring and evaluation, accompanied if necessary by proposals for changes in the management of the assistance, to ensure maximum efficiency. ENTRY INTO FORCE : 30.12.2001. The Council shall review this Regulation before 01.01.2006. To that end, the Commission shall submit to the Council before 1 July 2005 an evaluation report on the Regulation and, as appropriate, a proposal to amend it.�