TAG: Auditing
EU floats radical change to how it funds poorer members
BRUSSELS ― Countries may soon have to meet targets in return for their share of a large part of the EU budget under far-reaching plans drawn up by the European Commission.Until now, the bulk of so-called cohesion funding, which was worth €392 billion over...
6 months ago
€500B remains unspent from EU’s Covid recovery fund
BRUSSELS — Governments have received less than a third of the EU's original €723 billion pot to help boost post-Covid economic recovery and are now heaping pressure on the European Commission to speed up payments.Countries are demanding the Commission sla...
6 months ago
EU announces deal with Andorra and San Marino – just don’t mention finance
European microstates Andorra and San Marino are to get expanded access to the EU's single market — but their important financial sectors are to be excluded for now.Once ratified, the "association agreement" will allow the two tiny nations a similar level...
4 months ago