Dutch General Accounting Office: More Openness about EU’s Expenditures

The ongoing financial crisis in the Eurozone may not only have the effect of furthering integration, embodied in a Commissioner for national budgets. Dutch news website Nu.nl reports that the Dutch General Accounting Office has called for more openness about expenditure of European funds.

According to the body which controls government expenditure, expenditure in the EU has been falling short of accountability standards for years. Although 90% of European funds (particularly CAP money) are spent by the member states, transparency about the process is required. At the moment however, only four EU members provide such transparency: Denmark, the Netherlands, Sweden, and the United Kingdom.

Read more on the Accounting Office’s special website on EU accountability (in Dutch).

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