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Europe Daily Bulletin No. 8637

4 February 2004
Contents Publication in full By article 17 / 42
GENERAL NEWS / (eu) eu/budget
Commission tightens up anti-fraud alert system

Brussels, 03/02/2004 (Agence Europe) - At the request of Commissioner Michaele Schreyer, the European Commission decided on Tuesday to tighten up its "early-warning system" against fraud. This system, which was set up by request of the European Parliament in 1997, aims mainly to reduce the risk of awarding contracts or subsidies to third parties who should be excluded under the Financial Regulation's rules, in cases such as bankruptcy, serious professional misconduct, or conflict of...

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