Some Improvements in EU Spending but Still No Clean Bill of Health from Court of Auditors
added: 2008-11-12
The European Court of Auditors presented its report on how EU funds were spent in 2007 at a meeting of the Budgetary Control Committee on Monday. Although the accounts themselves have been approved without qualification, the same cannot be said of the "transactions underlying the accounts": the Court said that for the 14th year in a row it was not able to issue a "statement of assurance" that the EU money had been spent well and according to the rules in all policy areas.
