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Europe Daily Bulletin No. 11428

11 November 2015
INSTITUTIONAL / (ae) budget
Court of Auditors recommends new approach on EU budget

Brussels, 10/11/2015 (Agence Europe) - In its annual report on the EU budget for 2014, which again notes a significant level of error in payments, the European Court of Auditors recommended on Tuesday 10 November, “a wholly new approach” to managing EU investments and spending.

Court President Vitor Caldeira told the European Parliament's budgetary control committee that “our audit results over recent years point to a need for a wholly new approach, if the EU budget is to be invested...

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