Translation of "Garantie de viabilité financière " (French → English) :

guarantee of financial viability

financial sustainability

assess whether finances are viabile | determine financial viability | assess financial viability | assess viability of finances

financial sustainability

affordability [ credit worthiness ]

Divisional Ports Long Term Study

- Progress has been made in simplifying participation in FP7: A new Guarantee fund has made most ex-ante financial viability checks obsolete; a Unique Registration Facility allows one-off submission of legal documents, and audit certificates and ex-ante financial capacity checks have been reduced by a factor of ten compared to FP6.

Is aware that the current system of EU funding in support of European standardisation often leads to frustration in terms of rule changes, the high cost of auditing and delays in the authorisation of payments; stresses that there is an urgent need to reduce these costs and the high administrative burden that at times outweigh the benefits of the financial support provided, while respecting EU financial rules; calls on the Commission and all stakeholders to ensure the financial sustainability of the system, including through public-private partnerships and through multiannual financial planning, which is essential to ensure its effectiv ...[+++]eness and efficiency in global competition; considers that the Commission and the ESOs could improve their cooperation in order to guarantee a stable and user-friendly framework for the EU financial contribution to European standardisation which will increase significantly the efficiency of the system;

- Progress has been made in simplifying participation in FP7: A new Guarantee fund has made most ex-ante financial viability checks obsolete; a Unique Registration Facility allows one-off submission of legal documents, and audit certificates and ex-ante financial capacity checks have been reduced by a factor of ten compared to FP6.

a maximum of 30 % of the eligible cost for cross-border sections, provided that the Member States concerned have given the Commission all necessary guarantees regarding the financial viability of the project and the timetable for carrying it out;