EU Pandemic Recovery Fund

European Auditors Warn of High Fraud Risk Related to EU Recovery Fund

Published by Novinite on Fri, 04/02/2021 - 11:36

The European Court of Auditors (ECA) is on high alert about the risk of fraud and abuse associated with the €750 billion EU Pandemic Recovery Fund, DPA informs.

The faster the money flows, the higher the risks. This is inevitable," the president of the court, Klaus-Heiner Lehne, told DPA. It is crucial to have an effective inspection system, the German expert added.