Economy

EU auditors: Public-private partnerships suffer from widespread shortcomings

A report by the European Court of Auditors Risk on the effectiveness of Public-Private Partnerships (PPPs) in Europe has found significant shortcomings ranging from insufficient competition and significant delays to cost increases and lack of comparative analyses.

The main recommendations from the auditors is for the member states to ensure value for money for the PPP projects and establish clear policies and strategies. [Shutterstock]

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Nikos Lampropoulos EURACTIV.gr 21-03-2018 13:14 4 min. read Content type:

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Updated: 29-09-2024