As the financial perspective 2014-2020 is still in its early stages, this opinion urges all necessary legal solutions to be adopted without delay so as to avoid repeating the mistakes that occurred at the beginning of the 2007-2013 financial perspective. This will require a permanent dialogue between representatives of regions, the EC and the EIB on the interpretation of the binding legal provisions, the effects of implementation, or emerging problems, Struzik suggests. Once Member States have started to implement instruments financed using the European Structural and Investment Funds, the rapporteur adds that regulation at EU level should be introduced only in exceptional circumstances and then only in close consultation with the regional authorities. He also calls for an institutional framework, in cooperation with the European Commission and the European Investment Bank, to maximise the benefits of implementing instruments financed from the European Structural and Investments Fund. The opinion concludes by underlining that the implementation of financial instruments should focus on achieving long-term positive effects for the European economy.