Misused public funds: why the European Court of Auditors may struggle to detect them
The institution could have more difficulty tracing the money from European funds because of the new structure of the EU's next budget.
The European Court of Auditors has warned that the European Commission's plans to make EU funds more flexible in response to crises may also increase the risk of abuse. The Commission's proposed long-term budget reform could make it harder for auditors to track public funds, according to the Court's president Tony Murphy. The reforms would give member states more freedom to reallocate funds, which could lead to increased irregularities, as seen in the past with funds for agriculture and regional development.
The Court found that irregularities in the use of EU funds increased, with payment errors reaching €5 billion last year.
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