Press Release: Auditors give EU books a clean bill of health; Commission urges member states to do more to prevent errors

The EU's accounting books have been given a clean bill of health by the European Court of Auditors. The Court also found that the majority of EU payments it checked were regular, though errors were still too frequent in some areas, particularly in spending on EU regions and to boost employment (cohesion policy), where grants are managed by national authorities. Outside of this area, the Court estimates that 95% or more of payments are error free.

European Court of Auditors: PRESS RELEASE08/20: Some improvement but still progress to be made http://europa.eu/rapid/pressReleasesAction.do?reference=ECA/08/20&format=HTML&aged=0&language=EN&guiLanguage=en

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