Despite improvements over recent years, EU Member States’ efforts to tackle fraud in cohesion spending remain too weak, according to a new report from the European Court of Auditors. Member States’ assessments of the effectiveness of their anti-fraud measures are too optimistic, say the auditors. Detection, response and coordination still need substantial strengthening to prevent,…
Tag: #Regional Funds
EP gives thumbs up to management of the EU’s 2017 budget
At this week’s plenary session in Strasbourg MEPs welcomed the fact that the error rate for payments – as estimated by the ECA – had reached an all-time low of 2.4%. However, they raised some concerns about how testing samples were selected. MEPs are worried about the mounting payments backlog, which reached a new record of…
UK Set to Lose Billions as a Result of Brexit
New analysis from the Conference of Peripheral Maritime Regions (CPMR) estimates that the United Kingdom would be entitled to approximately 13 billion euros of regional development funding for the 2021-2027 period should it stay in the European Union. The CPMR has published a projection of the share of funding from the EU Cohesion policy for…