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Kallas talk on EU spending remains optimistic

03 May 2007, Alex Hawkes in Brussels, AccountancyAge

http://www.accountancyage.com/aa/news/1759353/kallas-talk-eu-spending-remains-optimistic

EU commissioner Siim Kallas has said he is 'optimistic' that member states will produce statements of assurance on their spending of EU money.

Only four member states have shown a willingness to produce the statements that EU officials believe are key to producing a clean bill of health for the EU's budget.

Speaking to the European Parliament's committee on budgetary control, Kallas said: 'I am quite sure member states will provide these annual summaries. I am quite optimistic.'

Others were more sceptical about the moves. Though the UK has taken the initiative in pledging to produce such a statement, other member states, including Germany and France, have not been so keen.

EU officials have been urging governments to provide the statements on the money they spend from the common agricultural policy and the structural fund; accounting for 80% of EU spending. Officials believe the Union's budgetary problems stem from inadequate controls at the member state level.

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