| Publisher | European Court of Auditors |
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| Publication Date | September 2017 |
| ISBN | 978-92-872-7532-5 |
| EC | QJ-04-17-451-EN-N |
| Content Type | Report |
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Background and further information: EU spending totalled €136.4 billion in 2016, or around €267 for every citizen. This amounts to around 1% of EU gross national income and represents approximately 2% of total public spending in EU Member States. Ensuring that the budget is properly spent is primarily the responsibility of the European Commission, along with the other EU institutions and bodies. But for around 80% of spending – principally agriculture and cohesion – this responsibility is shared with the Member States. The European Court of Auditors published in September 2017 its report on the EU annual accounts, an audit relating to the revenue and expenditure of the EU budget. It also provides its opinion on the extent to which the annual accounts are reliable and income and spending transactions comply with the applicable rules and regulations. |
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| Source Link | Link to Main Source http://dx.publications.europa.eu/10.2865/08432 |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
