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Article: EU BUDGET : NEW WEB-BASED RESOURCE AIMS TO IMPROVE TRANSPARENCY.
- Article from:
- European Report
- Article date:
- October 3, 2008
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A new website has been created to publish data on the beneficiaries of Community funds. This Financial Transparency System that comes with a search engine was launched by the European Commission, on 2 October. The EU executive prides itself on giving access to its financial records' as part of its transparency initiative. But it still has a long way to go before obtaining a positive Declaration of Assurance (DAS) from the EU Court of Auditors.
The site in question, which is still in a test phase, focuses on the beneficiaries of budget lines managed directly by the Commission and the executive agencies set up to manage certain EU programmes. The data can be ...