The Luxembourg-based European Court of Auditors (ECA) presents its assessment of how EU countries spent the bulk of EU funds in 2013 to Parliament as a whole on Wednesday. The presentation marks the start of the 2013 "discharge” exercise in which Parliament vets spending. The overall payments error rate in 2013 was 4.7%, slightly down on 2012.
EU accounts should measure the achievements of EU-funded projects, and not just payment errors, MEPs stressed when the ECA first presented its evaluation to the Budgetary Control Committee on 5 November. 80% of the EU budget is spent in and by the member states.
Procedure: Budget discharge
Debate: Wednesday, 12 November