The European Commission has efficiently used measures to protect the European budget against irregular cohesion policy spending. This is one of the major conclusions in a report by the European Court of Auditors (ECA) published on Thursday 27 April. There are, however, many areas where improvements could be made to optimise corrective financial measures.
Highlighting the fact that cohesion policy receives an envelope of €350 billion or approximately 37% of the Union budget over the...