As with all public budgets, the budget is also at risk of maladministration . Every year, the Court of Auditors reports on the management of the budget. The introduction of transparencyand a double-entry book-keeping system is likely to improve budget management. [1]
The Commission established the European Anti-Fraud Office (ECO) by EC, ECSC Decision 1999/352. [2] The Office was given responsibility for conducting administrative anti-fraud investigations. Read More…