In its annual report for 2015 published on Thursday 13 October, the Court of Auditors of the EU notes that, once again, there was a significant level of irregularity (estimated at 3.8%) in operational spending in the headings of the multiannual financial framework. The Court says that this figure is an improvement on recent years but “still significantly above our materiality threshold of 2 %”.
According to Court estimates, the level of irregularity for payment transactions underlying...