Irregularities in EU’s €240bn budget: Bloc’s auditors blast ‘material and pervasive’ spending errors.
Changing the approach to align with the ECA’s position halfway through the implementation period is very feasible and very consistent. Plus it is the exact policy revision, which the European Commission should follow. Especially because, its five-year mandate had been marked by a “series of unprecedented crises.”
For all the profound legal and institutional reasons. Plus for the financial reasons of the prevailing economic and monetary conditions and specifically, for the derivative budget and funding issues.
Finally the EC officials, should not forget, that the European Commission, is administrative and executive, not political instrument, of the EU. As is the ECB for the EMU.