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Glossary

IMMS

Information Management and Monitoring System for the funds from the Structural Instruments of the EU.

Irregularity

Violation of a clause of the legislation of the European Community, as a result of an action of or an oversight by an economic operator, which has or could have a damaging effect on the total budget of the European Union, expressed as an illegal expense in total budget.

ISPA

Instrument for Structural Policies for pre-Accession – a financial instrument for non-resource aid. Launched in 2000, ISPA is one of the three financial instruments (with Phare and Sapard) to assist the candidate countries in the preparation for accession. Based on the principles that govern the Cohesion Fund, it provides assistance for infrastructure projects in the EU priority fields of environment and transport.