Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-039"
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"en.20101111.3.4-039"2
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"For the first time in 16 years, the European Court of Auditors has issued a positive statement of assurance with regard to both the reliability of the annual accounts and the legality and regularity of the underlying transactions. This is the end of a cycle that began with the Santer Commission, which resigned in 1999. This situation is due to the determination of the European Parliament and of its Committee on Budgetary Control to force the Commission and also the Member States – in matters relating to shared management – to manage European public funds correctly. I welcome the Court’s work. I fail to understand why the Union does not enter into its accounts the EUR 37.2 billion that the Member States owe for staff pensions, since it has approximately EUR 44 billion negative own capital as a result. What an image to portray! I wonder how we are going to be able to borrow on the markets to raise the EUR 60 billion needed for the stability plan. Lastly, I believe that this report has come too late. In any serious organisation, the auditor’s report should be sent before 30 June in the year following the year audited. The quibbles about the complex issues and the many languages involved are not acceptable."@en1
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