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This note provides a brief overview of Parliament involvement in scrutinising the Recovery and Resilience Facility (and the European Union Recovery Instrument). It is based on Regulation 2021/241 of 21 February, setting out the Recovery and Resilience Facility, and the relevant parts of the new Interinstitutional Agreement on budgetary matters established between the Parliament, the Council and the Commission. It does not cover nor discusses in detail other instruments or frameworks for scrutiny, ...

On 3 September 2020, the European Commission published its 31st annual report on the fight against fraud affecting EU financial interests, covering the year 2019. In total, 11 726 irregularities were reported to the Commission, 2 % fewer than in 2018. They involved approximately €1.6 billion, 34 % less than in the previous year. Parliament's Committee on Budgetary Control has adopted a report on the Commission's annual report, which is due to be discussed and voted during the July plenary session ...

This report provides the findings of the study on “The Largest 50 beneficiaries in each EU Member State of CAP and Cohesion Funds” prepared at the request of the CONT committee. Based on the analysis of more than 12 million beneficiaries of the common agricultural policy (CAP) in 2018 and 2019 and about 600 000 beneficiaries receiving cohesion funds between 2014 and 2020 it identifies the largest direct and ultimate beneficiaries of EU funds. Moreover, it covers the results of an assessment of ...

During its April plenary session, in the context of the discharge procedure for the financial year 2019, the European Parliament is due to vote on the discharge for each of 32 EU decentralised agencies and eight joint undertakings for their implementation of the 2019 budget. The Committee on Budgetary Control (CONT) proposes to grant discharge to all of these entities, except for the European Border and Coast Guard Agency (Frontex), for which it proposes to postpone the discharge decision.

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

In October 2019, the European Commission published its annual report on the fight against fraud affecting EU financial interests in 2018. In total, 11 638 fraudulent and non-fraudulent irregularities were reported to the Commission in 2018, 25 % fewer than in 2017. They involved approximately €2.5 billion, a value that remained stable in comparison with 2017. The Committee on Budgetary Control has adopted a report on the Commission's annual report, which is due to be voted during the July plenary ...

This note summarises three external briefing papers requested in view of hearings of the Chair of Single Supervisory Mechanism and Chair of Single Resolution Board in ECON.

The EU trust funds (TFs) for external action and the Facility for Refugees in Turkey are innovative tools first introduced under the current multiannual financial framework (MFF) for the 2014-2020 period, as made possible by the 2013 Financial Regulation (FR) applicable to the EU budget. Their objective has been to facilitate a swifter and more flexible response to emerging crises and fast moving events, for which funds earmarked in advance had proved insufficient. The EU has set up four trust funds ...

Central banks use communication both as a monetary policy instrument and as a tool for accountability. The ECB’s communication practices have changed significantly in recent years. Yet, new challenges await. The ECB President, Ms Christine Lagarde, stated that she sees the general public as the “new frontier” for central bank communications. The Monetary Expert Panel was asked to produce three papers on this topic. This publication is provided by Policy Department A at the request of the Committee ...

The accessibility and quality of Commission data on grant funding has improved significantly since 2010. There have also been positive developments since 2016, and further developments are planned. However, there are still significant constraints that prevent meaningful analysis of grant funding data, and which must undermine policy formulation and monitoring. There is still a need for a more systematic approach to the communication of EU grant-funded activities to enhance EU visibility, and strengthen ...