94The defendant contends that a decision is not required to go into every relevant point of fact and law. The question whether the statement of reasons for a decision is sufficient must be assessed with reference not only to its wording but also to its context and the whole body of legal rules governing the matter in question (Case C-122/94 Commission v Council [1996] ECR I-881, paragraph 29, and Case C-278/95 P Siemens v Commission [1997] ECR I-2507, paragraph 17). In that regard, it points out that, since co-financing rates play a crucial role in the administration of the structural funds, it must be assumed that the staff responsible for implementing structural measures in the Member States are made broadly familiar with the application of those rates, an assumption which lowers the threshold of the requirement to state reasons as far as the technical aspects of the reduction are concerned.
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