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Europe Daily Bulletin No. 8502

11 July 2003
GENERAL NEWS / (eu) eu/commission
Modernisation of accounting system up and running but unlikely to meet 2005 deadline

Brussels, 10/07/2003 (Agence Europe) - On Wednesday the European Commission adopted a report by Michaele Schreyer's department revealing that modernisation of the accounting system is up and running although the 2005 deadline is very challenging.

Schreyer told her colleagues that all the targets her department had set for the first six months of 2003 had been met. Today the project team and project management are in place. A feasibility study has been finalised and the detailed project plan...

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