Management of funds

Funding is managed according to strict rules to ensure there is tight control over how funds are used and that the money is spent in a transparent, accountable manner. As a group, the 28 EU Commissioners have the ultimate political responsibility for ensuring that EU funds are spent properly. But because most of the funding is managed within the beneficiary countries, responsibility for conducting checks and annual audits lies with national governments. Grants for specific projects in relation to EU policies, usually following a public announcement known as a ‚call for proposals’. Part of the funding comes from the EU, part from other sources.

2012

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