Strasbourg, 07/07/2016 (Agence Europe) - Following an audit, the results of which were published on Thursday 7 July, the Court of Auditors of the EU has revealed “a number of significant issues” that limited the efficiency of the financial instruments as a mechanism to implement the EU budget during the 2007-2013 programme period.
The financial instruments are a tool designed to provide financial assistance from the EU budget in the form of loans or guarantees, for the implementation of...