Derek Vaughan MEP

Working hard for Wales in Europe

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Why haven't the EU accounts been cleared?


This is a common misconception. The European Court of Auditors recently signed off on the 2014 Accounts, making this the eight year in a row that the accounts have been declared to be legal.

The European Commission is committed to further improving the management of EU funds. But, improved management can only deliver if Member States also take the issue seriously; 80% of EU funds is administered at Member State level and the vast majority of the 3.9% of payments affected by errors concerned mistakes at national level rather than at EU level.


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