Press Release: The annual financial report is out: what the EU budget helped to achieve in 2010

The European Commission is releasing its yearly financial report this 30 September. The report presents detailed information on what the EU money was spent on and how was it managed. "As 90% of the EU budget is dedicated to projects in the 27 Member-States or in partner countries abroad, it is essential that EU taxpayers are provided with the fullest possible information", says the Commissioner responsible for Financial Programming and Budget Janusz Lewandowski.

Apart from traditional comparative tables and diagrams the booklet contains numerous examples on how the EU budget helped to create jobs, enhance nuclear safety or curtail illegal immigration. In 2010, the implementation rate of the EU budget reached 97%.