In an opinion published on Thursday 12 December, the auditors at the European Court of Auditors highlighted a number of shortcomings in the evaluation of the EU’s External Action Guarantee (EAG) that was carried out by the European Commission last May.
This financial mechanism was set up in 2021 as part of the establishment of the New Neighbourhood, Development and International Cooperation Instrument (NDICI) with the intention of guaranteeing financial and investment operations in...