Tag: Curtea de Conturi Europeană

Financial Instruments: costs must be kept reasonable, say EU Auditors

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Financial instruments, which provide EU support to recipients through loans, guarantees and equity investments, are sometimes expensive in terms of management costs and fees, according to a new report from the European Court of Auditors. The instruments operate across all Member States and are used increasingly by the EU as they may be a better Read more about Financial Instruments: costs must be kept reasonable, say EU Auditors[…]

Agencies’ use of grants: not always appropriate or demonstrably effective

Posted on by Haptic

EFSA conducted a robust ex ante evaluation of its grant and procurement projects (Box 2), uses a guidance scheme to assist management in deciding upon the most appropriate funding mechanism and has made use of simplified cost options where appropriate. The verification procedures for financial grants implementation were further enhanced in spring 2015. For the Read more about Agencies’ use of grants: not always appropriate or demonstrably effective[…]