COLLEGE MEETING: Commission report shows sound financial management of the EU budget and tangible results delivered for citizens


Making sure that every euro from the EU budget creates added value for EU citizens is a key priority for the European Commission. It is also an important objective of the Commission proposal for the EU’s next long term budget for the period 2021–2027. The 2018 Annual Management and Performance Report (AMPR) published today shows the concrete results already achieved by the EU budget in terms of creating jobs and growth and investing in Europe’s youth. Together, the State of the Union, the General Report and the Annual Management and Performance Report provide a comprehensive picture for citizens of the European Union’s achievements and the role the EU budget plays in translating priorities into results. Through the report, which is also the starting point of the 2018 budgetary discharge procedure, the College of Commissioners takes political responsibility for the management of the EU budget. Today’s report shows that in 2018 the EU budget once again contributed to delivering on the EU’s political priorities. For example, by now it has helped mobilise a total of over €400 billion under the European Fund for Strategic Investments (EFSI) – the heart of the Juncker Plan. By 2020, these investments are expected to create over 1.4 million jobs in the EU. Cohesion policy funds have helped create a further 1.3 million jobs in the EU over the past 10 years and enabled a total of 8.9 million people to gain new qualifications. The EU budget has also addressed another important priority for Europeans – climate change. In 2018, spending for climate action was integrated across all EU programmes: in total 20.7% of the budget was spent on climate change-related action. In addition to singling out other achievements in areas like migration, the security union, cutting-edge research and the EU’s external action, the report also confirms that the EU budget is well-managed. The Commission has an effective toolbox in place to make sure that the budget is protected and every euro is spent in the most effective way, to the benefit of the EU’s 500 million citizens and many more people beyond the EU’s borders. Also today, the European Commission has adopted the Annual Report on internal audits carried out in the Commission in 2018. The report provides an overview of the audits conducted across the Commission by the independent Internal Audit Service. It also specifies the recommendations given, all of which were accepted, and the action taken by Commission departments to address the identified risks.