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Last Thursday 13 October, the European Court of Auditors, the institution which carries out the audit of European Union finances, published its report on the implementation of the 2015 EU budget. In the chapter of revenue transactions the ECA found no errors. As expected though, the picture changed drastically when the Court audited the expenditure […]
Only a few days after the European Court of Auditors, the independent audit institution of the Union, said that EU money is spent with “little interest in the results achieved”, the Commission published its own assessment on the effectiveness of EU spending, alleging that the “EU budget (is) increasingly an investment tool”. The ECA is […]
The European Union spent €100 billion on rural development projects (RDPs) during the seven year period 2007 – 2013 with “little interest in the results achieved”. This is the main conclusion of the European Court of Auditors (ECA) report, after its members examined a number of rural investment programmes receiving EU finance. The member states […]
One after the other all the major EU Commission programmes widely advertised for their efficiency are being judged by the Court of Auditors as ill implemented and falling short of targets. Today it’s the municipal waste management, yesterday was the humanitarian aid to Africa and tomorrow God knows what. Mind you that the kind of […]
The European Commission does not spare big words and photographic opportunities for Commissioners, whenever launching a new initiative or securing political agreement for a regulation. And they are doing this all the time. It seems like they spent all their energy and resources in conceiving new rules on everything. And of course they always need […]
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