A significant share of the revenue in the EU budget is derived from own resources calculated on the basis of Member States' gross national income (GNI). Effective verification of GNI data is crucial to ensure that Member States' respective contributions are correctly and fairly calculated. The...

In 2014, the EU established the single resolution mechanism (SRM) to ensure orderly resolution of failing banks with minimal burden to taxpayers, avoiding costly bail-outs. We assessed the appropriateness of the policy framework and organisational setup of resolution planning, as well as the...

The European Central Bank (ECB) assumed responsibility for banking supervision in 2014, as part of the establishment of the Single Supervisory Mechanism. Its mission in this regard is to contribute to the safety and soundness of the banking system. There are about 120 banking groups in the euro...

We examined the European Commission's management of the three Economic Adjustment Programmes for Greece, bearing in mind the institutional set-up of the different financial assistance instruments used. In relation to the ongoing programme, the audit focused only on the design aspects. Funding...

Who checks that EU policies meet their objectives and taxpayers' money is well spent? How do the EU Auditors help improve the EU's financial management? Who are the EU Auditors? How do the EU Auditors help to make sure EU spending achieves value for money?

Who checks that EU policies meet their objectives and taxpayers' money is well spent? How do the EU Auditors help improve the EU's financial management? Who are the EU Auditors? How do the EU Auditors help to make sure EU spending achieves value for money?

The Commission set the course for creating a renewable hydrogen market in its Hydrogen Strategy and REPowerEU plan, which included EU targets for hydrogen production and import. Renewable hydrogen is one way to decarbonise, especially for the hard-to-decarbonise sectors of industry. For the...

The Commission set the course for creating a renewable hydrogen market in its Hydrogen Strategy and REPowerEU plan, which included EU targets for hydrogen production and import. Renewable hydrogen is one way to decarbonise, especially for the hard-to-decarbonise sectors of industry. For the...

The rule of law is one of the founding values of the EU. This review contributes to a better understanding of the EU's rule of law landscape and its tools, focusing on the Commission's annual Rule of Law Report - a preventive tool that presents the Commission's assessment of significant rule of...

In 2022, 20 640 people were killed in road accidents in the EU, with pedestrians, cyclists and motorcyclists particularly at risk. The EU aims at halving road fatalities and serious injuries by 2030 and getting close to zero by 2050. We assessed whether the Commission had been effective at...