Tag: ECA

EU’s potential liability in winding up #FailingBanks assessed as ‘remote’, say auditors

EU’s potential liability in winding up #FailingBanks assessed as ‘remote’, say auditors

| November 28, 2019

The Single Resolution Board (SRB) and the European Commission – in line with accounting rules – did not disclose any contingent liabilities potentially arising from ongoing judicial proceedings against their role in winding up failing euro area banks, according to a new report by the European Court of Auditors (ECA). At the same time, the […]

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#ECA reports a low 2.6% error rate in use of EU funds

#ECA reports a low 2.6% error rate in use of EU funds

| October 8, 2019

In its 2018 annual report, published today (8 October), the European Court of Auditors (ECA) has concluded that the EU accounts present a “true and fair view” of the EU’s financial position. For the third year in a row, the auditors have issued a qualified opinion on the regularity of the financial transactions underlying the […]

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#ECA – Auditors give a qualified thumbs up to the Commission’s public consultations  

#ECA – Auditors give a qualified thumbs up to the Commission’s public consultations  

| September 5, 2019

The European Court of Auditors (ECA) has released a broadly positive report on the European Commission’s consultative processes. The report, led by Annemie Turtelboom, makes a number of recommendations on where the process could be improved, in particular in relation to reaching out to citizens, writes Catherine Feore.  “Citizen engagement in public consultations is key to maintaining the […]

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Better outreach to citizens needed to improve effectiveness of European Commission’s public consultations, say #Auditors

Better outreach to citizens needed to improve effectiveness of European Commission’s public consultations, say #Auditors

| September 5, 2019

The European Commission’s framework for consulting the public during the development and evaluation of EU laws and policies is of a high standard, according to a new report by the European Court of Auditors. The performance of selected recent public consultations by the Commission has been satisfactory overall, say the auditors. However, they recommend that […]

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#VATFraud: ‘Time to step up efforts’, say EU Auditors

#VATFraud: ‘Time to step up efforts’, say EU Auditors

The current EU system for fighting cross-border VAT fraud is not effective enough and is hampered by a lack of comparable data and indicators, according to a new report from the European Court of Auditors. The EU has a battery of tools to fight against intra-Community VAT fraud, say the auditors, but some need to be […]

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Rural development policy errors due to ‘breaches of conditions’ says ECA

Rural development policy errors due to ‘breaches of conditions’ says ECA

| March 2, 2015 | 0 Comments

A report by the European Court of Auditors (ECA) finds that most of the “errors” in rural development policy are due to “breaches of conditions” set by member states. The auditors say tens of billions have been spent “in error” from rural development funds. But the ECA cautions that the control authorities in member states […]

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EU spending on renewable energy needs improvements to enhance its contribution to policy goals, say EU auditors

EU spending on renewable energy needs improvements to enhance its contribution to policy goals, say EU auditors

A report published today by the European Court of Auditors (ECA) reveals that improvements are needed if EU funding is to make the maximum possible contribution to achieving the 2020 renewable energy target. The EU auditors examined whether funds in that period had been allocated to well prioritised, cost-effective and mature renewable energy generation projects […]

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