State aids: according to a report issued by the European Court of Auditors the rules are not respectedOctober 7, 2016
Hat: A considerable level of non-compliance with rules concerning State aids in the sphere of cohesion policy was disclosed in a report by the European Court of Auditors.
Funding Scheme: 2016-10-07
The European Court of Auditors looks after the interests of EU taxpayers. She works in order to improve the management of the EU budget and reports on EU finances.
The auditors of the Court assessed level of non-compliance with rules concerning State aids in the sphere of cohesion policy over a period of several years (until 2014). The auditors found that the level of non-compliance was important. Almost 20% of Cohesion Policy projects were affected by errors in the field of State aids, while Member States’ audit authorities detected significantly fewer violations than the Court of Auditors and the European Commission.
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Press release of 4 october 2016: Click here
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