Auditors Warn of "a Vacuum" in the Control of Expenditure in Future EU Accounts and Lack of Efficiency in the Use of Funds
6 Articles
6 Articles
If the new EU multiannual budget for 2028-2034 is funded to a significant extent by own resources, such as through an EU tax on tobacco, that budget will become considerably more complex. The European Court of Auditors (ECA) warns of this in a report published on Wednesday. According to the ECA, instead of introducing new taxes, it is smarter to improve the collection of existing taxes and customs duties.
The European Court of Auditors argues that the Commission's plan for budget 2028-2034 misses key reforms.
Auditors warn that the European Commission will be able to transfer funds on the basis of country declarations and check only later. Of the 28 improvements proposed by the TEC for the 2028-2034 budget, only one has been fully accepted.
The European Commission has failed to address several recommendations to increase transparency and accountability in the management of European money in its proposal for the long-term budget of the European Union for the years 2028 to 2034. Of the 28 opportunities for improvement previously identified by the European Court of Auditors, the Commission...
EU auditors warn that the new funding model, where payments depend on meeting targets and objectives and not on actual expenditure, is focused on implementing measures and not on the results achieved
The European Court of Auditors (ECA) warns of shortcomings in the control of funds and in the evaluation of results in the EU budget for 2028-2034, according to a report released today.
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