At a time when the European Commission has proposed merging several external action instruments for the next Multiannual Financial Framework (MFF) 2028-2034 into a new ‘Global Europe’ regulation (see EUROPE B13683A1), the European Court of Auditors issued an opinion on Tuesday 10 February highlighting several risks for the EU’s financial management.
In particular, the auditors consider that the planned envelope of €200.3 billion - around 70% more than in the EU’s current...