UPDATE: The 2016 budget received a qualified opinion rather than an adverse one because about half of EU spending audited in 2016 was below the 2% threshold for material level of error ([ Ссылка ] ).
Many people speak of the Court of Auditors not signing off on the EU budget, but don't really know what it means? In this video, we'll give you an insight into what the Court of Auditors checks the books on and why it has never fully signed off on them.
Errors (thanks for those who pointed them out):
- 2:19 The correct amount per citizen is € 0,5 (instead of €0,05).
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EU budget riddled with fraud! Court of Auditors explained
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EUEU budgeteuropean unioneuropean commissioneuropean court of auditorseu commissioneu parliamenteu councilcouncil of the european unioncouncilbrusselsfraud in EUfraud in eu budgetbudget fraudcourt of auditors explainedeu budget riddled with fraud?realibity of accountslegality of transactionsregularity of transactionsaffected by fraudeffected by errorEU revenueeu expenditureOLAFeuropean anti fraud officeeu budget 2016