Auditing

Economy & Jobs 21-03-2018

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.
14-02-2018

Oettinger: EU budget should increase despite Brexit funding gap

The EU’s next seven-year budget should increase the bloc’s spending, despite the impending departure of the UK from the bloc, the EU’s budget chief said on Wednesday (14 February).
Climate change 13-02-2017

EU auditors join fight against deadly air pollution

The European Court of Auditors (ECA) will investigate the fight against air pollution, which kills half a million European citizens every year, the court announced on Friday (10 February).

Euro & Finance 11-01-2017

Greek broadcasters want exemption from wealth declaration

TV channel owners opened a new row with the Syriza-led government when they asked the country's administrative court to exempt its top executives from filing a wealth statement, citing privacy concerns.
Euro & Finance 04-01-2017

Spain’s banks recover but toxic assets remain

Hit by a severe crisis several years ago, Spain's banking sector has recovered, but at a cost, as thousands are laid off and it struggles to get rid of toxic assets.
Euro & Finance 03-01-2017

Sale of small Italian banks to UBI ‘delayed’ at Commission’s request

The sale of three small Italian banks, rescued in 2015, to bigger rival UBI has been delayed by at least a week at the request of the European Commission, three sources close to the matter have told Reuters.
Euro & Finance 09-12-2016

Unhappy birthday: EU low-key on Maastricht’s 25th anniversary

A quarter of a century after the summit in the Dutch town of Maastricht that gave birth to the euro, the EU will mark the anniversary today (9 December) with little fanfare as it battles a wave of crises.
Euro & Finance 29-11-2016

Moscovici says EU and Greece ‘very close’ to opening vital debt talks

Greece and its European creditors are "very close" to an agreement that would open the way to vital debt talks, EU economy commissioner Pierre Moscovici said on Monday (28 November).
Euro & Finance 08-09-2016

Irish parliament backs Apple tax appeal after angry debate

Ireland's parliament battled through an ill-tempered debate on Wednesday to vote in favour of appealing a European Commission ruling ordering the country to collect billions of euros in unpaid taxes from tech giant Apple.
Euro & Finance 24-08-2016

Commission defends Greek debt data after statistics scandal

The European Commission has defended the reliability of Greek statistics on the country’s debt, and called on Athens to counter “misleading media reports” that the data was falsified.
Euro & Finance 17-08-2016

Britain targets financial advisers with new tax-avoidance fines

Britain set out plans on Wednesday (17 August) to punish financial advisers who tell their clients how to avoid paying tax, including hefty fines designed to target what it called the "supply chain of tax avoidance".
Euro & Finance 13-07-2016

Panama Papers parliament committee keen to avoid LuxLeaks mistakes

The initial outrage provoked by the Panama Papers is over. Now that the dust has settled, a European Parliament committee will examine the case in detail. EURACTIV Germany reports.
Euro & Finance 04-07-2016

State aid for Spanish football clubs was ‘illegal’, Vestager says

Some of Spain's top football teams - including Real Madrid and FC Barcelona - will have to pay back illegal public aid worth up to €70 million as it represented “an unfair advantage” versus other teams, the Commission said on Monday (4 July).
Euro & Finance 26-11-2013

Deal on company auditing edging closer: EU lawmaker

The European Union could be less than a month away from a deal forcing the bloc's listed companies to change their accountant every decade, a senior EU lawmaker said on Monday (25 November).