Contents
- 1. To take account of the particularly difficult situation of…
- 2. The adjustments required shall be spread in equal proporti…
- 3. In its technical adustment for the year 2017, following th…
- 4. The required adjustments resulting from paragraph 3 shall…
- 5. The total net effect, whether positive or negative, of the…
1.To take account of the particularly difficult situation of Member States suffering from the crisis, the Commission shall in 2016, together with the technical adjustment for the year 2017, review all Member States' total allocations under the "Investment for growth and jobs" goal of cohesion policy for the years 2017 to 2020, applying the allocation method defined in the relevant basic act on the basis of the then available most recent statistics and of the comparison, for the capped Member States, between the cumulated national GDP observed for the years 2014 and 2015 and the cumulated national GDP estimated in 2012. It shall adjust those total allocations whenever there is a cumulative divergence of more than +/- 5 %.
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