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Image header Agence Europe
Europe Daily Bulletin No. 12255
Contents Publication in full By article 14 / 30
SECTORAL POLICIES / Intellectual property

According to EU auditor, EUIPO’s budget surplus must be reinvested to support innovation

In an opinion delivered on Wednesday 15 May, the European Court of Auditors said that the €542 million budget surplus accumulated by the European Union Intellectual Property Office (EUIPO) must be reinvested in a productive way to support research and innovation. 

Based in Alicante (Spain), the European agency is the only one that makes such profits through its work registering EU trademarks and Community designs. At the end of 2018, it had accumulated profits of €542 million and 90% of...

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BEACONS
European elections - EP2019
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE
EXTERNAL ACTION
INSTITUTIONAL
NEWS BRIEFS