Auditors scold EU spiralling error rate in spending and EU debt of €458.5 billion
While the allowable threshold is 2 per cent, the error rate has risen to almost three times this number, namely 5.6 per cent.
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Popular articles tagged "EU funds"
EU pulls financial support from Georgia over ‘democratic backsliding’
The European Commission is pulling back €121 million in assistance for Georgia after the country voted for some laws the EU opposed.
Von der Leyen plans power grab via EU funding mechanism reform
The commission would lay out goals and reforms. Only when these are sufficiently adhered to would the countries receive their money.
EU’s €5 billion fund to stop irregular African migration has failed, said Court of Auditors
The EU's €5 billion fund to stop irregular migration from Africa has failed to achieve its goal, said the European Court of Auditors in a September 25 report.
Von der Leyen pledges €10 billion from EU funds for post-floods reconstruction
European Commission President Ursula von der Leyen has promised €10 billion worth of assistance as she visited Poland in the wake of the floods that engulfed large…
Brussels to take money from Hungarian funds
The European Commission says it will take the money out of European funds meant for Budapest after the deadline for the payment of a migration-related fine expired.
Slovak Government slams reports of EU funds block
Slovakia's Government has blasted reports of the European Commission allegedly planning to block European funds for Bratislava over concerns about "democratic backsliding".
EU seizes assets of Bulgarian civil servants suspected of embezzling EU funds
The European Public Prosecutor’s Office (EPPO) has seized the assets of Bulgarian civil servants suspected of embezzling funds from the European Union.
EU-funded NGO pays tribute to assassinated Hamas leader Ismail Haniyeh
The European Commission via Erasmus+ has funded four projects of the youth section of the Al Sharq Forum from 2021 to 2023 with a total of €110,279
EU to use ‘peace’ fund to back Albanian military
Brussels officials insisted the "peace" funding would take the form of "equipment not designed to deliver lethal force"
EU to fund aid to Ukraine with €1.4 billion of frozen Russian assets
European Union governments have agreed to allocate €1.4 billion in profits from frozen Russian assets for arms and other aid to Ukraine.
Belgium spends €1 billion to buy 23 buildings from the EC
The Belgian Government has acquired 23 office buildings from the European Commission for nearly €1 billion through its sovereign wealth fund SFPIM.
Head of EU’s EIB lending arm calls for spending cap to be scrapped
The head of the European Union's EIB lending arm has called on the bloc's member states to scrap a spending cap currently imposed on the development bank.
EU auditors target €6 billion Turkey migration deal with bloc
The European Union's auditors say it is impossible to identify exactly what the bloc achieved with its €6 billion migrant deal with Turkey.
Tusk and von der Leyen accused of ‘collusion’ over EU funds for Poland
Poland’s opposition Conservatives (PiS) claimed European Commission President Ursula von der Leyen and then-opposition leader Donald Tusk colluded in delaying…
EU gives coffee exporter Uganda €40 million to help it comply with forest policy
The EU has given Uganda a 40 million euro grant to help Africa's largest coffee exporter comply with a new EU policy that bars imports of commodities whose production…
Egypt set to get €7.4 billion in aid from EU
The European Union is readying a €7.4 billion financial-aid package for Egypt, the Financial Times reported.
EC throws more cash at pro-EU media coverage
The European Commission announced it will provide additional cash for the bloc's more reliably pro-EU media providers.
EU unblocks about €2 billion from suspended funding for Hungary
Hungary managed to unblock about €2 billion in European Union funds as Prime Minister Viktor Orban’s government made further progress in the recovery of crucial…
EC withholds some UN funds for Palestine but ups overall aid budget
The European Commission will hold back part of a payment of €82 million for the United Nations Palestinian refugee agency (UNRWA) - but increase overall aid…
EU insurance regulation is not working, it needs an overhaul – says Ireland’s former Europe Minister
The handling of an inquiry into motor insurers in Bulgaria and Romania raises serious questions for the European Commission and the EU's regulators, writes Ireland's…
‘EU will hurt Hungary if it blocks further Ukrainian aid’
Secret documents show the European Union is planning to intentionally damage Hungary's economy if the country decides to reject more funding for Ukraine at an upcoming…
Red tape ties up most of €800 billion EU ‘green’ fund
An €800 billion European Union programme set up to fund the bloc’s “green” and digital transitions has been held up by red tape, with fewer than a third…
Hungary won’t amend asylum, LGBTQ laws for EU funds
Hungary won’t meet European Union demands to amend controversial laws on asylum seekers and on restricting LGBTQ content, a senior minister said, making it less…
European Parliament threatens to sue EC over funds for Hungary
A majority of MEPs, dominated by Liberals and the assembly's Left, are enraged about the European Commission's decision to release up to €10.
EU should tap €80 billion rescue fund to help Ukraine, Rehn says
The European Union should prepare to tap a little-used €80 billion rescue fund to support Ukraine’s war against Russia as the flow of money from both sides of…
‘Christmas present’ for Tusk: EC unlocks €111 billion in frozen Polish funds
In accepting what he called a "Christmas gift" from the EC, Tusk said Poland would rebuild democratic institutions and play a more active role in Europe
EU ‘not adequately monitoring potential Ukraine aid fraud’
The European Union has not been properly monitoring the potentially fraudulent use of cash sent to Ukraine, MEPs have said
Osijek, Croatia showcases nation’s use of EU regional funds
The town of Osijek, Croatia hosted showcases of both the nation's and the region's use of European Unions funds.
EU to unlock part, but not all, of frozen Hungary funds
Hungary is on track with its judicial reforms and can therefore expect some of its frozen funds to be released, European Commission officials said on November 30.