Author (Corporate) | European Commission: DG Communication |
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Series Title | Statement |
Series Details | STATEMENT/14/100 (03.04.14) |
Publication Date | 03/04/2014 |
Content Type | News, Overview |
On 3 April 2014, the European Commission welcomed the decision by the European Parliament to grant discharge to the Commission for the 2012 EU budget. The budget discharge is the final approval of the EU budget implementation for a given year. It is granted by the European Parliament on a recommendation from the Member States in Council. The Parliament uses the Court of Auditors' report (statement of assurance) as the primary basis for this decision. Discharge equates to approval of how the Commission implemented the budget in that financial year and the closure of the accounts. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_STATEMENT-14-100_en.htm |
Related Links |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |