102 million of unduly spent Euros by Greece, Ireland and Slovenia will have to be reimbursed to the EU

A total of €102 million of EU agricultural policy funds, unduly spent by Member States, is being claimed back by the European Commission from Greece, Ireland and Slovenia 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.

Official press release: http://europa.eu/rapid/press-release_IP-14-2823_en.htm

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