Court of Auditors singles out cohesion policy
Wednesday 18 April 2012
The EU Court of Auditors is preparing to set the cat among the pigeons in connection with EU cohesion policy. In a report, due to be published officially on 25 April, the court states that investments by the Structural and Cohesion Funds in sea ports from 2000 to 2006 were effective in only 11 of the 27 projects it audited. The ECA reached this finding after examining the projects’ objectives and achievements. For the 2000-2006 programming period, €2.8 billion were allocated to sea port infrastructures under the Structural and Cohesion Funds. For 2007-2013, this heading adds up to €3.4 billion (around 1% of total resources allocated to EU cohesion policy).