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✅ The EU’s research partnerships – comprising 12 #JointUndertakings (JUs) and assimilated bodies – kept their finances in good order overall in 2025, according to the annual audit by the European Court of Auditors.
📌 Around 800 employees and a €4 billion payment budget in 2025
📌 Global Health EDCTP3 had a qualified audit opinion on payments
📌 ITER nuclear fusion project is at risk of additional cost overruns and delays due to ongoing changes to technical design requirements
📢 Starting soon 🕒 14:15 CEST: ECA President @TonyMurphyECA, together with ECA Member @_Jan_Gregor_ will present our Annual Report on the EU finances for 2025 to the @Europarl_EN’s Plenary session held in Strasbourg.
🔗 Read the report: eca.europa.eu/en/publication…
⚠️ The EU’s Recovery and Resilience Facility (#RRF) has done little to resolve longstanding weaknesses in public administrations in the member states, according to a new report by the European Court of Auditors.
Key findings:
🏛️ Some €50 billion from the COVID fund earmarked for public administration
🏛️ Insufficient focus on structural issues and few significant results achieved
🏛️ Proposed new EU budget only partially addresses performance monitoring weaknesses
⚠️ Funding for close-to-market research under the “industrial leadership” priority of #Horizon2020 – the EU’s 2014-2020 research flagship programme – was not sufficiently geared towards commercialisation of innovative ideas and products, according to a new report by @EUauditors.
🔬 €17 billion available between 2014-2020 to strengthen innovation & growth potential of EU businesses
🔬 Funding for close-to-market research did not systematically target projects with highest potential
🔬 Participants’ economic performance & innovation capacity not tracked
💶🌍 ECA Annual Report on the #EUfinances: the EU’s rising debt burden could weigh heavily on future budgets.
⚠️ #EUborrowing could reach €1 trillion by 2027, largely due to #NGEU, while interest costs alone for NGEU non-repayable support over 2028-2034 could be as much as €93 billion.
🔗 Read the full report 👇
eca.europa.eu/en/publication…
💶🌍 ECA Annual Report on the #EUfinances: under the #RRF, EU countries receive funds for achieving predefined milestones or targets. Of the 37 RRF grant payments made to member states in 2025, 9 did not comply with the stipulated rules and conditions.
⚠️ The auditors issued a qualified opinion on #RRFexpenditure.
🔗 Read the full report 👇
eca.europa.eu/en/publication…
💶🌍 ECA Annual Report on the #EUfinances: for traditional #EUbudget spending, errors were both significant and widespread. For the 7th consecutive year, we issue an adverse opinion on #EUspending.
⚠️ The highest error rates were in #cohesion funding, which supports jobs, growth and regional development, and in spending on #agriculture and the #environment.
🔗 Read the full report 👇
eca.europa.eu/en/publication…
Today, ECA President @TonyMurphyECA and Reporting Member @_Jan_Gregor_ presented the 2025 Annual Report on the #EUfinances before the @Europarl_EN's @EP_BudgControl at their extraordinary meeting in Strasbourg.
📷 © European Union. Source: European Parliament
The presentation was followed by a hearing with Commissioner @Piotr_Serafin.
🎥 Watch the presentation: multimedia.europarl.europa.e…
📷 © European Union. Source: European Parliament
