Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-22-Speech-4-036-000"
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"en.20121122.7.4-036-000"2
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"Madam President, first of all I would like to thank President Caldeira for his presentation of the annual report by the Court of Auditors for 2011.
In the context of the current economic and financial crisis, pressure on public finances is now even greater and, consequently, the effective use of public money is more important than ever.
According to the information in the report by the Court of Auditors, the combined error rate for regional policy in transport, energy, employment and social affairs decreased significantly in comparison with 2010, from 7.7 % to 5.1 %. We must ensure that the European Union’s money is spent more effectively; this does not call for spending cuts, but better control.
The national authorities must commit themselves to better management of the European Union’s funds, given that according to the Court of Auditors, more than 60 % of the errors noted in the course of implementation of regional policy could have been identified by the Member States if appropriate audits had been carried out."@en1
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