Press Release: Commission to recover € 54.3 million of CAP expenditure from the Member States

Author (Corporate)
Series Title
Series Details IP/12/142 (16.02.12)
Publication Date 16/02/2012
Content Type

A total of €115.2 million of EU agricultural policy funds unduly spent by Member States is being claimed back by the European Commission under the so-called clearance of accounts procedure.

As some of these amounts have already been recovered from the Member States, the financial impact is somewhat lower at €54.3 million. This money returns to the EU budget because of non-compliance with EU rules or inadequate control procedures on agricultural expenditure. Member States are responsible for paying out and checking expenditure under the Common Agricultural Policy (CAP), and the Commission is required to ensure that Member States have made correct use of the funds.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/142&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: Memo/12/109: Decisions of the Commission on the conformity of CAP expenditure with EU law http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/109&format=HTML&aged=0&language=EN&guiLanguage=en

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Countries / Regions