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Europe Daily Bulletin No. 8364

18 December 2002
Contents Publication in full By article 25 / 41
GENERAL NEWS / (eu) eu/commission
Commission adopts decentralised system for financial management - to take effect on 1 January 2003

Brussels, 17/12/2002 (Agence Europe) - On Tuesday, the European Commission adopted a series of measures for its new financial management structure. This includes the implementing rules for the Financial Regulation, which applies from 1 January 2003, as well as specific provisions on recoveries. The measures put an end to centralised ex-ante financial control, the functions of which will be undertaken by the spending departments. The Commission also decided to disband the Directorate General...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS