Author (Corporate) | European Parliament |
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Series Title | Article |
Series Details | 11.10.06 |
Publication Date | 11/10/2006 |
Content Type | News |
Ensuring that the EU's €110 billion annual budget is spent legally and properly is an awesome responsibility. It falls to the European Commission but is not easy as around 80% of the budget is spent at a national and local level - and can be difficult to track. Most of the money is spent on farming and rural development (46%) and on aid to poorer regions (30%). In October 2006 MPs and MEPs came together to see ways in which control of the budget can be improved. |
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Source Link | Link to Main Source http://www.europarl.europa.eu/news/public/story_page/035-11567-283-10-41-905-20061011STO11555-2006-10-10-2006/default_en.htm |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |