In a report published on 19 April 2016, the European Court of Auditors is critical of the way the European Commission implements the excessive deficit procedure, and argues that the application lacks consistency and transparency and that the Commission does not adequately record its underlying assumptions or share its surveillance findings for the greater benefit […]Read More..
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Court of Auditors Report on Financial assistance: Lessons from the Initial EU Crisis Response for the Future of EU Economic Governance – by Agnieszka Smolenska (EUI)January 28, 2016
Agnieszka Smolenska is a PhD Researcher at the EUI studying the application of state aid rules to banks from 2007 in the context of the emerging frameworks for EU and Eurozone financial regulation and supervision On 26 January the Court of Auditors published a Special Report on “Financial assistance provided to countries in difficulties”, a […]Read More..
26 January: European Court of Auditors presents report on Financial assistance provided to countries in difficultyJanuary 27, 2016
On 26 January the European Court of Auditors published its report on Financial assistance provided to countries in difficulty, in particular on how well the European Commission managed the assistance provided to five countries — Hungary, Latvia, Romania, Ireland and Portugal. The Court of Auditors finds that the Commission was unprepared for the magnitude of […]Read More..