Press Release: Who gets EU cash? New website gives details of beneficiaries

The launch of the 'Financial Transparency system' website and search engine on 2 October, 2008, will allow, for the first time ever, free access to details of who receives EU funds managed directly by the Commission and its executive agencies. Based on accounting data, it provides a consolidated view of the previous financial year and contains approximately 28.000 entries on Commission-run programmes in policy areas like research, education and culture, energy and transport and certain aspects of aid to third countries. This new search engine will allow users to analyse and compare information on beneficiaries and policy areas more easily. It is one of the building blocks in the Commission's wider European Transparency Initiative (ETI).