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.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the sting Milestone

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

Can big events really go plastic-free? A water capsule made from seaweed may be the answer

Banking Union: ECOFIN and Parliament ready to compromise

Fresh airstrikes kill dozens in conflict-ravaged Syria

Employment: Commission proposes €1.6 million from Globalisation Adjustment Fund to help 400 workers made redundant in Carrefour Belgique

Is the English language too powerful?

THE ROAD TO GANESHA

The future of energy is being shaped in Asia

Brexit: Six more months of political paralysis or a May-Corbyn compromise?

‘We need to do more’ to transform the world, deputy UN chief tells African audiences

Towards a zero tobacco public space in Cameroon

Europeans show record support for the euro

COP25 climate talks: What just happened, and what lies ahead?

Afghans entitled to live ‘free from fear, intimidation’, says UN chief, condemning suicide attacks

The sad plight of fledging doctors

Fed, ECB take positions to face the next global financial crisis; the Brits uncovered

Ideology is the enemy of growth

1 in 7 people would choose not to fly because of climate change

Solutions for cultural understanding: medical students’ perspective

The hidden downsides of autonomous vehicles – and how to avoid them

Now doctors can manipulate genetics to modify babies, is it ethical?

Why the euro may rise with the dollar even at lower interest rates

Why sustainable products are a win-win for all of us

Frontline workers vaccinated in Uganda over Ebola fears, as top UN officials visit outbreak epicentre in DR Congo

Iceland to take vacated US seat on Human Rights Council

Jakarta is one of the world’s fastest disappearing cities

Three steps to clean up electric vehicle supply chains

Monday’s Daily Brief: drug-resistant diseases, Venezuelan refugees, fighting in Tripoli, and hate speech

Is the EU’s enlargement over-stretched?

Exchanges of medical students and the true understanding of global health issues

UN health agency urges China to continue search for source of new virus, as Thailand case emerges

My disability, my identity

Investing in rural women and girls, ‘essential’ for everyone’s future: UN chief

Commission to decide definitely on genetically modified Maize 1507 seed

LETTER FROM AFGHANISTAN: Elections serve up food for thought, for Afghan youth

SDG progress ‘in danger’ of going backwards without change in direction, new UN report reveals

Government internet ban leaves parts of Myanmar ‘in a blackout’, UN expert calls for immediate lifting

The way to entrepreneurship in the developing world

Young people all over the world come together to demand paid good quality internships

After the Italian ‘no’ and the Brexit, Germans must decide which Europe they want

Here are three technology trends changing the way you travel

CEOs in these countries are more likely to go with their gut

Trump’s Syrian hit the softest option vis-a-vis Russia

Data capture, not disclosure, is the way to meet our climate goals

Commission: Do it like the Americans in the food sector

David Attenborough: The planet can’t cope with overpopulation

The EU Parliament blasts the Council about the tax dealings of the wealthy

New York City has a plan to fight fast fashion waste. Here’s how it works

Here’s how to make ‘value-based healthcare’ a reality

UN’s Grandi slams ‘toxic language of politics’ aimed at refugees, migrants

Does the “climate change” require ombudsman services for environment?

Budget Committee backs €2.3 million worth of aid to help 550 redundant media workers in Greece

The representatives of the regions and the cities know better what the EU needs on migration, trade, poverty and taxation

What are the real targets of EU’s efforts to fight tax evasion?

How curiosity and globalization are driving a new approach to travel

Climate change and health: creating global awareness and using earth resources wisely

UNICEF urges all countries to provide ‘Super Dads’ with paid leave

Eurostat confirms a dangerously fast falling inflation in Eurozone

Haiti stands ‘at the crossroads’ between peacekeeping, development – Bachelet urges strengthened ‘human rights protection’

North Korean families facing deep ‘hunger crisis’ after worst harvest in 10 years, UN food assessment shows

Humane leadership must be the Fourth Industrial Revolution’s real innovation

More Stings?

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