Errors in spending of EU funds by member states rose

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Errors in the spending of EU funds increased significantly across member states in 2022, according to the European Court of Auditors' annual report published today.

Errors in the spending of EU funds increased significantly across member states in 2022, according to the European Court of Auditors' annual report.

In 2021, Ireland paid in €3.4 billion and received €2.7 billion, meaning a net contribution of €0.7 billion. However, €196 billion, mostly in cohesion spending from the EU budget, was affected by a significant increase in the level of error to 4.2%, compared to 3% in 2021. Auditors identified 14 cases of suspected fraud which were reported to the European Anti-Fraud Office , which has already opened two investigations.

"Our findings show that the risk has to be better managed, as we continue to detect errors through our work that led to a significant increase in spending affected by error." "If you look at the whole picture, there is an awful lot of [Covid-19 Recovery and Resilience Facility] money to be drawn down," said Mr Murphy.

 

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