Author (Corporate) | European Court of Auditors |
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Series Title | ECA Special Reports |
Series Details | 8/2011, Number 8 |
Publication Date | August 2011 |
ISSN | 1831-0834 |
EC | QJ-AB-11-006-EN-C |
Content Type | Policy-making, Report |
Abstract:The European Union spends around €55bn per year on agriculture and rural development, some of which is wrongly paid due to irregular or incorrect claims or other errors. This special report examines the procedures for recovery of undue payments. In particular, it focuses on recoveries by Member State authorities and the monitoring role of the European Commission. This European Court of Auditors’ (ECA) performance audit assessed the effectiveness of the systems established and operated by Member States to recover identified debts, together with the Commission's supervision of the process. The audit addressed the following questions: Do Member States process and record debts correctly? Are Member States successful in recovering identified undue payments? Do Member States write off irrecoverable debts appropriately? Does the Commission supervise and monitor recoveries effectively? |
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Source Link | Link to Main Source https://www.eca.europa.eu/lists/ecadocuments/sr11_08/sr11_08_en.pdf |
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Subject Categories | Business and Industry, Economic and Financial Affairs |
Countries / Regions | Europe |