31.7.93 Official ]oﬁrnal of the European Communities No L 193/5 COUNCIL REGULATION (EEC) No 2081/93 of 20 July 1993 amending Regulation (EEC) No 2052/88 on the tasks of the Structural Funds and their effectiveness and on coordination of their activities between themselves and with the operations of the European Investment Bank and the other existing financial instruments THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Article 130d thereof, ' Having regard to the proposal from the Commission ('), Having regard to the opinion of the European Parliament (2), Having regard to the opinion of the Economic and Social Committee (3), Whereas Article 19 of Regulation (EEC) No 2052/88 (%) requires the Council to re-examine that Regulation on the basis of a Commission proposal before 31 December 1993, Whereas the main principles of the 1988 reform of the ~ Structural Funds should continue to govern the activities of the Funds until 1999 but whereas experience hitherto has demonstrated the need for improvements to make structrural policies more effective, simpler and more transparent; Whereas Article 1 of Regulation (EEC) No 2052/88 lays down the priority objectives for Community action through the Structural Funds, the European Investment Bank (EIB) and the other financial instruments; . Whereas the Community has undertaken a reform of the common agricultural policy entailing structural measures, particularly for the promotion of rural development; Whereas Community measures for the improvement of the conditions under which fishery and aquaculture products are processed and marketed were laid down by Regulation (EEC) No 4052/89 {°); whereas Community measures to improve and adapt structures in the fisheries and aquaculture sector were laid down by Regulation ('} O] No C 118, 28. 4. 1993, p. 21. (%) Opinion delivered on 14 July 1993 (not yet published in the Official Journal). () OJ No C 201, 26. 7. 1993, p. 52. () O] No L 185, 15. 7. 1988, p. 9. () O] No L 388, 30. 12. 1989, p. 1. (EEC) No' 4028/86 (¢); whereas finance for these operations comes from a variety of budgetary resources, including, in some cases, the European Agricultural Guidance and Guarantee Fund (EAGGF) Guidance . Section; whereas, with a view to regrouping all these resources in a single financial instrument, the financial instrument for fisheries guidance (hereinafter referred to as ‘FIFG’) was established by Regulation (EEC) No 2080/93 (7); whereas, to the extent that the single instrument supports the achievement of the objectives set out in Article 130a of the EEC Treaty, assistance from it should be coordinated with that from the Structural Funds; whereas all ‘the provisions governing the Structural Funds should therefore be extended to that instrument; ’ ~Whereas the Structural Funds constitute the chief means of redressing the socio-economic disturbances which review of the common fisheries policy is likely to create in certain costal areas; whereas it is consequently necessary, except in regions already covered by Objective 1, to adjust the eligibility criteria for Objectives 2 and 5 (b) to take account of these problems; Whereas Regulation (EEC) No 792/93 (%) introduces a temporary cohesion financial instrument through which the Community makes a financial contribution to projects relating to the environment and to the trans-European transport infrastructure network in Greece, Spain, Ireland and Portugal, provided that each of those countries has a convergence programme which has been examined by the Council designed to avoid an excessive public sector deficit; whereas the said Regulation is temporary in nature pending the establishment of the Cohesion Fund referred to in Article 130d of the Treaty as provided for by the Treaty on European Union and will be re-examined before 31 December 1993; whereas the financial instrument for which provision has been made, as amended if necessary (hereinafter referred to as the ‘cohesion financial instrument’), must be covered by Regulation (EEC) No 2052/88; whereas, pursuant to Article 7 of - Regulation (EEC) No 792/93, no item of expenditure may. benefit both from this instrument and from the - EAGGF, the European Social Fund (ESF) or the European Regional Development Fund (ERDF); (¢) OJ No L 376, 31. 12. 1986, p. 7. Regulation as last amended by Regulation (EEC) No 3946/92 (O] No L 401, 31. 12. 1992, p. 1). ' (7) See page 1 of this Official Journal. (¥) OJ No L 79, 1. 4..1993, p. 74.