EU Climate Spending Targets

Climate change

The EU has missed its self-imposed target of spending at least 20% of its 2014-2020 budget on climate action, according to a special report published on Monday by the European Court of Auditors (ECA).  The European Commission had announced that the EU had met the 20% target, reporting that it had spent €216 billion on…

Sharp Increase in Cyberattacks in EU

Cyber attacks

The number of cyberattacks on EU bodies is increasing sharply. The level of cybersecurity preparedness within EU bodies varies and is overall not commensurate with the growing threats. Since EU bodies are strongly interconnected, a weakness in one can expose others to security threats.  This is the conclusion of a special report by the European…

Energy Taxation Can Support Climate Objectives

Energy Taxation

Energy taxation can support efforts to combat climate change, but current tax levels do not reflect the extent to which different energy sources pollute. A review published today by the European Court of Auditors outlines how energy taxes, carbon pricing and energy subsidies contribute to achieving the EU’s climate objectives. Even though renewable-energy subsidies almost…

Boosting the Roll-out of 5G

Boost to rollout of 5G

In a special report published yesterday, the European Court of Auditors (ECA) calls for new impetus to boost the roll-out of 5G, the new global wireless standard for mobile networks, in the EU. Member States have experienced considerable delays in implementing their 5G networks, which is jeopardising the achievement of the EU’s objectives in terms…

Western Balkan Law Reforms

Western Balkans

EU action has had little impact in advancing fundamental rule of law reforms in the Western Balkans, according to a special report published by the European Court of Auditors (ECA). Some technical and operational reforms have taken place in the region. But in a context of insufficient political will and a lack of engagement, EU…

Winding Up Failing Banks Safely

The European Court of Auditors has an obligation to report each year on any financial risk arising from legal proceedings relating to the Single Resolution Mechanism (SRM), the EU system managing the orderly winding-up of failing banks within the Banking Union. For the 2020 financial year, the Single Resolution Board (SRB) has not reported any…

Transport Infrastructure in Europe

transport infrastructure

In recent years, EU auditors have repeatedly highlighted various weaknesses affecting the delivery of large transport projects in the EU. How does the EU’s performance compare, however, to other countries in the world, such as Australia, Canada and the US? To answer this question, the European Court of Auditors has carried out a review comparing…

Performance of EU Spending Programmes

EU Spending

The European Commission’s reporting on how EU spending programmes perform shows mixed results in different funding areas, and the indicators which measure progress towards targets do not focus enough on results. These are some of the conclusions of the European Court of Auditors, which has published its 2020 report on the performance of a selection…

ECA Signs off on Joint Undertakings (JUs)

Joint Undertakings

The European Court of Auditors (ECA) has signed off the 2020 accounts and the underlying transactions of all the EU’s Joint Undertakings (JUs) – the EU’s public-private partnerships with industry and research groups. In the seventh of their ten-year life span, most JUs have already implemented approximately 2/3 of their activities within Horizon 2020, the…

Time to Reform the EU’s Budget?

European Court of Auditors

The system used for financing the European Union’s budget has not been significantly reformed since 1988. Recently proposed changes to how the EU collects revenue, which will ensure a level playing field between Member States, are generally a step in the right direction, but there is room for improvement. That is the main conclusion of…