On Thursday 20 July, the European Commission adopted the 2016 annual report on the protection of the European Union's financial interests, which shows that the number of financial irregularities detected is down by 15%.
19,080 irregularities (fraudulent and otherwise) were reported to the Commission, involving a total of around €2.97 billion, according to the 2016 report on the fight against fraud. Approximately €2.43 billion concerns the expenditure sector of the EU budget. Compared...