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Europe Daily Bulletin No. 12227

3 April 2019
Contents Publication in full By article 13 / 36
INSTITUTIONAL / Budget
EU Court of Auditors highlights risks for future EU-funded projects arising from rising budget backlog
Brussels, 02/04/2019 (Agence Europe)

The European Court of Auditors asserted on Tuesday 2 April that the growing backlog of money committed under the budget that has not yet been paid could have an impact on future projects financed by the EU. 

According to a Court case study, the level of arrears (funds committed under the EU budget but not yet paid out) has reached a new record high, which could create significant financial risks for the future. At the end of 2017, the payments that the European Commission needed to make was...

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