Regulation (EC) No 67/2010 of the European Parliament and of the Council (repealed)Show full title

Article 6 Project selection criteria

1. Projects shall be assisted according to their degree of contribution to the objectives set out in Article 154 of the Treaty and to the other objectives and priorities defined in the guidelines referred to in Article 155 (1) of the Treaty.

2. In its implementation of this Regulation, the Commission shall ensure the conformity of its decisions on granting Community aid with the priorities laid down in the guidelines for the different sectors established pursuant to Article 155(1) of the Treaty. This shall include their conformity with any requirements which may be laid down in those guidelines in terms of a percentage of total Community aid.

3. Community aid shall be assigned to projects that are potentially economically viable and for which the financial profitability at the time of application is deemed insufficient.

4. The decision to grant Community aid should also take account of:

(a) the maturity of the project;

(b) the stimulative effect of community intervention on public and private finance;

(c) the soundness of the financial package;

(d) direct or indirect socio-economic effects, in particular on employment;

(e) the environmental consequences.

5. Especially in the case of cross-border projects, coordination of the timing of different parts of the project shall also be taken into account.