Challenges in EU Public Procurement: Key Findings and Recommendations

Public procurement is a cornerstone of the European Union’s single market, representing around €2 trillion or 14% of the EU’s GDP annually. This critical function helps public authorities achieve the best value for money when acquiring works, goods, and services. However, a recent audit by the European Court of Auditors (ECA) has revealed significant challenges Read more about Challenges in EU Public Procurement: Key Findings and Recommendations[…]

Foreign direct investment (FDI) brings over €100 billion a year into the EU

Screening of potentially harmful foreign investment in the EU suffers from blind spots which compromise effectiveness and efficiency when identifying, assessing and mitigating security and public-order risks in the entire EU, according to a new report by the European Court of Auditors. Although the recently established EU framework is a positive step, making it possible to Read more about Foreign direct investment (FDI) brings over €100 billion a year into the EU[…]

Closing the EU’s innovation gap: Member States must get more involved

To close the EU’s persistent gap in research and innovation (R&I) and unlock excellence in countries lagging behind, the European Commission is applying special measures (known as ‘widening’ measures) to give those countries better access to key EU funding. In a report published today, however, the European Court of Auditors finds that a real shift Read more about Closing the EU’s innovation gap: Member States must get more involved[…]

European Fund for Strategic Investments: Action needed to make EFSI a full success

The European Fund for Strategic Investments (EFSI) has been effective in raising finance for investments in the EU, but the amounts of investment mobilised may be overstated, according to a new report by the European Court of Auditors. The auditors also found that some EFSI support just replaced other financing from the EU and the Read more about European Fund for Strategic Investments: Action needed to make EFSI a full success[…]