On Monday 20 June, the European Court of Auditors (ECA) will publish a special report on the durability of investments to improve and diversify the EU's rural economy
Since 2007, the Commission has spent about €24 billion of rural development funds to diversify its rural economy and improve infrastructure. Funded projects were required to remain operational for at least five years.
The auditors examined whether these investments delivered lasting benefits.
The auditors will show that durability of EU-funded projects varied across sectors and Member States, and that there may be the risk of diversion of projects for private use, for instance in the field of tourist accommodation.
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The report and press release will be published on the ECA website
eca.europa.eu at 5:00 p.m. CET on Monday 20 June.
The ECA member responsible for this report is Viorel Ștefan.
The ECA's special reports set out the results of its audits of EU policies and programmes or management topics related to specific budgetary areas. The ECA selects and designs these audit tasks to be of maximum impact by considering the risks to performance or compliance, the level of income or spending involved, forthcoming developments and political and public interest.