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Friday, 15 April 2011

Commission to recover € 530 million of CAP expenditure from the Member States

A total of € 530 million of EU agricultural policy funds unduly spent by Member States is being claimed back by the European Commission today under the so-called clearance of accounts procedure. This money returns to the EU budget because of non-compliance with EU rules or inadequate control procedures on agricultural expenditure. Member States are responsible for paying out and checking expenditure under the Common Agricultural Policy (CAP), and the Commission is required to ensure that Member States have made correct use of the funds. Under this latest decision, funds will be recovered from Bulgaria, Denmark, Greece, Spain, France, Italy, the Netherlands, Portugal, Romania and United Kingdom while there is a small reimbursement made to Germany.

Source: European Commission