Supplement to Regulation 1303/2013: Financing not linked to costs

This regulation establishes rules for 'simplified cost options,' which allow EU funding to be granted based on predetermined rates or lump sums rather than detailed invoices. This reduces the administrative burden for both the EU and member states by focusing on outputs and results rather than individual cost receipts.

This affects public authorities, NGOs, and businesses receiving grants from EU structural and investment funds, making the reimbursement process faster and less bureaucratic.