📢 Errors in #EUspending persist while #debt burden increases, according to the @EUauditors Annual Report on the #EUfinances for 2024. 💶🌍

⚠️ The level of #error in EU budget spending in 2024 is estimated at 3.6%.
⚠️ The EU’s COVID recovery mechanism is also affected by irregular payments and systemic #weaknesses.
⚠️ A growing debt burden poses #risks to future EU budgets.

🔗 Read the full report 👇
https://www.eca.europa.eu/en/publications/AR-2024

📢 🌍 Review of the EU’s €650 billion #RecoveryFund, issued today by the #EUauditors: #RRF suffers from several weaknesses in terms of performance, accountability and transparency.

Key findings:

💶 #EUrecovery fund brought a new approach to #EUspending decoupled from costs.
💶 Auditors warn about its many weaknesses ahead of key #EUbudget decisions
💶 The RRF suffers from insufficient focus on performance, and weak control.

🔗 Read the full review 👇
https://www.eca.europa.eu/en/publications/RV-2025-02