European Commission welcomes the positive assessment about how it has managed the EU budget

oettinger

Michel Barnier & Günther Oettinger. European Union, 2019 Source: EC – Audiovisual Service.

This article is brought to you in association with the European Commission.


In its latest report about the management of the EU budget,the European Court of Auditors – the independent auditor of EU spending – confirmed that the Juncker Commission had significantly improved the way it administered the EU budget. The auditors gave the EU annual accounts a clean bill of health for a 12th year in a row and a qualified opinion on the 2018 payments for a third consecutive year. This is a high assessment of the targeted efforts of the Juncker Commission to make sure that every euro from the EU budget is spent in line with the rules and generates added value for our citizens.

Günther H. Oettinger, European Commissioner for Budget and Human Resources, said: The European Commission works hard to make sure every euro from the EU budget is spent to the benefit of our citizens and creates an EU added value. We make sure that the rules are fully respected and errors are brought down to the minimum. We are glad that our efforts bear fruit and our independent auditors have once again confirmed that we have done a good job.”

EU Member States – important partners in the management of the EU budget

The Commission is responsible for the implementation of the EU budget together with a variety of partners – it manages around 75% of the EU spending jointly with the EU Member States. They play a key role in areas like cohesion and agriculture, where most of the budget is channelled through the national and regional management authorities. The Commission has strict rules regarding the good and effective management of the funds. We work hand in hand with Member States to guarantee that the budget is spent in line with these rules and that each euro from the EU budget goes where it is most needed.

Günther H. Oettinger, European Commissioner for Budget and Human Resources, said: “Both the EU Cohesion Policy and our Common Agricultural Policy have proven their ability to deliver good results. At the same time, cohesion and rural development remain the most challenging to manage because of the many actors involved. The Commission helps Member States and the different managing authorities to do better when necessary. Our efforts so far show we are on the right track, we will continue working in the same direction.”

Making the most out of every euro

Making sure that every euro out of the EU budget achieves the best results possible across policy areas is of key importance to the Commission. This is why we have directed a lot of efforts to make sure that the EU budget is not only spent in line with the rules but also finances projects that address EU-wide challenges and make a difference for a large number of people. In the area of research for example, thanks to the world’s largest publicly funded Research and Innovation funding program Horizon 2020, the EU is supporting more than 300,000 researchers, including since yesterday 18 Nobel Prize laureates, and innovators. When it comes to border protection and migration management – an area of key importance to EU citizens – since 2015, EU-funded initiatives have helped save almost 760,000 lives in the Mediterranean and have led to a 92% decrease in arrivals in 2018 compared to the peak of the migratory crisis in 2015.

The focus on EU added value is also at the heart of the Commission’s proposal for the long-term budget for 2021-2027. It seeks to set clearer objectives and focus more on performance. The goal is to make it easier to monitor and measure results – and to make changes when necessary. This is expected to further improve the way the EU budget is spent.

Simpler rules to increase the effectiveness of EU funding

In the recent years, the Commission has worked to further simplify the rules under which the EU budget is spent, as simpler rules mean easier access to the funds and fewer management errors.

Recovering EU funds spent incorrectly

The Commission as a manager of the EU budget aims to ensure that, once a programme is closed and all controls are carried out, the remaining risk to the EU budget is below 2% – the level considered by the Court as material.

For this purpose, the Commission is monitoring the implementation of the EU budget on the ground. If Member States or final beneficiaries are found to be spending the EU money incorrectly, the Commission may recover funds to protect the EU budget. In 2018, the Commission estimates that, after such corrections and recoveries, the remaining risk of error for the EU budget is below 1%.

Background

The publication of the Annual Report by the European Court of Auditors kicks off the annual ‘discharge procedure’ of the EU budget. To prepare the ground for the process, in July 2019 the Commission published information on EU revenue, expenditure, budget management and performance in the reports of the Integrated Financial and Accountability Reporting. This reporting confirms that the EU budget in 2018 has delivered concrete results, helped achieve the political priorities of the European Union, created added value for EU citizens, and was spent in line with EU rules.

The estimated level of error is not a measure of fraud, inefficiency or waste. It is simply an estimate of the money already paid from the EU budget despite non-compliance with certain rules.

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Celebrate love, strengthen partnerships to end AIDS epidemic by 2030 says UN agency

Sweden’s forests have doubled in size over the last 100 years

Chile ups foreign bribery enforcement but flawed case resolutions are insufficient to ensure transparency and accountability

More people now plan to get a COVID-19 vaccine than in December

This Latin American country is keeping COVID-19 firmly under control. How?

Wednesday’s Daily Brief: Sudan, Libya, Yemen updates, solutions for e-waste, flood response in Iran, online security for children

Main results of EU-Japan summit: Tokyo, 17/07/2018

3 reasons why responsibly-deployed technology is key to the COVID recovery

LGBTQ+ inclusion on the other side of the screen

Can we prevent a surge in pandemic-related homelessness?

EU reconfirms support for Afghanistan at 2020 Geneva Conference

Timor-Leste Foreign Minister highlights value of UN in resolving conflicts

Fostering defence innovation through the European Defence Fund

China is a renewable energy champion. But it’s time for a new approach

Financial inclusion in India is soaring. Here’s what must happen next

Horn of Africa: UN chief welcomes Djibouti agreement between Eritrea, Ethiopia and Somalia

A clean energy future with hydrogen could be closer than we think

Draghi cuts the Gordian knot of the Banking Union

This Canadian start-up turns millions of chopsticks into sustainable furniture

COVID-19 is challenging the way we think of chemical industry trends. This is how

Across the world, women outlive men. This is why

These 3 countries are global offshore wind powerhouses

Brexit talks: 2nd round fails to bring the EU and the UK closer on key issues

The EU invites the US and Russia to partition Ukraine

What happens when the Eurogroup decides to help Greece

EU announces record €550 million contribution to save 16 million lives from AIDS, tuberculosis and malaria

European Banking Union: no one is perfect

European Defence Fund on track with €525 million for Eurodrone and other joint research and industrial projects

Africa’s future is innovation rather than industrialization

Violence will not deter Somali people in their pursuit of peace, says UN chief, in wake of lethal attacks

EU Budget 2019 to focus on young people

Armed groups kill Ebola health workers in eastern DR Congo

Economic policy priorities for a post-pandemic recovery

What brands get wrong about China – and how to put it right

China, forever new adventures

New rules to help consumers join forces to seek compensation

4 ways to build businesses that work for good, right now

‘Catastrophic’ healthcare costs put mothers and newborns at risk

Mobile 360 Series – Russia & CIS: Empowering the Digital Economy

These tech start-ups are changing what it means to farm

Insecurity and violence turn Nigeria into a ‘pressure cooker’ that must be addressed, says UN rights expert

UN relief official in Yemen condemns ‘horrific’ attack on passenger buses

How Cameron unwillingly helped Eurozone reunite; the long-term repercussions of two European Council decisions

European Commission authorises third safe and effective vaccine against COVID-19

European Youth Forum on Summit on Jobs and Growth

Escalation in Syria fighting cause for ‘great concern’ says UN chief, dozens more civilians dead or injured

Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives

AI-assisted recruitment is biased. Here’s how to make it more fair

Measles claims more than twice as many lives than Ebola in DR Congo

Technology can hinder good mental health at work. Here’s how it can help

Facebook: MEPs demand a full audit by EU bodies to assess data protection

More women than ever are working in Hollywood, but men still dominate key roles

Japanese law professor elected new judge at the International Court of Justice

G7: A serious setback hardly avoided in iconic Biarritz

German elections: Is Merkel losing ground or Shultz is winning?

EU-UK relations: MEPs approve rules to ensure Eurotunnel safety and cooperation

Facebook/Cambridge Analytica: MEPs pursue personal data breaches probe

Commission extends transparency and authorisation mechanism for exports of COVID-19 vaccines

Hostages to a rampant banking system

CHALLENGING THE ZEITGEIST OF DIGITAL – Change making projects innovate mobile support for refugees, inclusive environments, early breast cancer detection and more

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s