Protecting the EU budget from irregular spending: The Commission made increasing use of preventive measures and financial corrections in Cohesion during the 2007-2013 period

Summary:

We assessed whether the Commission’s preventive measures and financial corrections were effective in protecting the EU budget from irregular expenditure in the area of Cohesion. Cohesion policy accounts for 37 % of spending from the EU budget and is to be some 350 billion euro for each of the periods 2007-2013 and 2014-2020.

Responsibility for Cohesion spending is shared between the Commission and the Member States. Overall, we find the Commission has made effective use of the measures at its disposal. The Commission needs to remain vigilant in ensuring payments are free from error, improving its reporting procedures and making use of its new, stronger powers.

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Official

ECA: News, 27.04.17: Commission measures to protect Cohesion spending used effectively https://www.eca.europa.eu/en/Pages/NewsItem.aspx?nid=8349

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