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Luxembourg
Joined November 2011
📢 Starting soon 🕒 14:15 CEST: ECA President @TonyMurphyECA, together with ECA Member @_Jan_Gregor_ will present our Annual Report on the EU finances for 2025 to the @Europarl_EN’s Plenary session held in Strasbourg. 🔗 Read the report: eca.europa.eu/en/publication…
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⚠️ The EU’s Recovery and Resilience Facility (#RRF) has done little to resolve longstanding weaknesses in public administrations in the member states, according to a new report by the European Court of Auditors.
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Key findings: 🏛️ Some €50 billion from the COVID fund earmarked for public administration 🏛️ Insufficient focus on structural issues and few significant results achieved 🏛️ Proposed new EU budget only partially addresses performance monitoring weaknesses
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⚠️ Funding for close-to-market research under the “industrial leadership” priority of #Horizon2020 – the EU’s 2014-2020 research flagship programme – was not sufficiently geared towards commercialisation of innovative ideas and products, according to a new report by @EUauditors.
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🔬 €17 billion available between 2014-2020 to strengthen innovation & growth potential of EU businesses 🔬 Funding for close-to-market research did not systematically target projects with highest potential 🔬 Participants’ economic performance & innovation capacity not tracked
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💶🌍 ECA Annual Report on the #EUfinances: the EU’s rising debt burden could weigh heavily on future budgets.
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⚠️ #EUborrowing could reach €1 trillion by 2027, largely due to #NGEU, while interest costs alone for NGEU non-repayable support over 2028-2034 could be as much as €93 billion. 🔗 Read the full report 👇 eca.europa.eu/en/publication…
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💶🌍 ECA Annual Report on the #EUfinances: under the #RRF, EU countries receive funds for achieving predefined milestones or targets. Of the 37 RRF grant payments made to member states in 2025, 9 did not comply with the stipulated rules and conditions.
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⚠️ The auditors issued a qualified opinion on #RRFexpenditure. 🔗 Read the full report 👇 eca.europa.eu/en/publication…
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💶🌍 ECA Annual Report on the #EUfinances: for traditional #EUbudget spending, errors were both significant and widespread. For the 7th consecutive year, we issue an adverse opinion on #EUspending.
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⚠️ The highest error rates were in #cohesion funding, which supports jobs, growth and regional development, and in spending on #agriculture and the #environment. 🔗 Read the full report 👇 eca.europa.eu/en/publication…
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Today, ECA President @TonyMurphyECA and Reporting Member @_Jan_Gregor_ presented the 2025 Annual Report on the #EUfinances before the @Europarl_EN's @EP_BudgControl at their extraordinary meeting in Strasbourg. 📷 © European Union. Source: European Parliament
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The presentation was followed by a hearing with Commissioner @Piotr_Serafin. 🎥 Watch the presentation: multimedia.europarl.europa.e… 📷 © European Union. Source: European Parliament
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📢 The estimated level of error in #EUspending remains too high, according to the European Court of Auditors’ Annual Report on the #EUfinances for 2025. 💶🌍
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This matters for citizens, because weak spending checks can undermine confidence that funds reach eligible projects and deliver the intended results. It also matters for policy makers, as negotiations are continuing on the EU’s next long-term budget for 2028-2034.
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Key facts: ⚠️ An estimated 3.8 % of the EU budget was misspent in 2025. ⚠️ Irregular payments and weaknesses affect the COVID recovery mechanism. ⚠️ EU borrowing could reach €1 trillion by 2027. 🔗 Read the full report 👇 eca.europa.eu/en/publication…
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