Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-04-28-Speech-2-1771-140"
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"en.20160428.135.2-1771-140"2
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"Like the majority of Parliament, I supported the postponement of the decision on granting the Director of the European Joint Undertaking for ITER and the Development of Fusion Energy discharge in respect of the implementation of the joint undertaking’s budget for the financial year 2014, because of the poor financial management outlined by the Court of Auditors. It is unacceptable for any undertaking which is funded by EU monies to be grossly mismanaged. The figure proposed is double the initial budgeted costs for this phase of the project and did not include EUR 663 million proposed by the Commission in 2010 to cover potential contingencies. Although the organization set up a reserve fund with the aim of providing a clearer mechanism that compensates the domestic agencies for design changes, solutions to minimise costs in an attempt to rectify the weakness identified by 2013 ITER Management Assessment must be implemented first. The significant increase of the project costs may also put in danger other programmes which are also financed by the Union budget and may be contradictory to the ‘value—for—money’ principle."@en1
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