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EU 2015 accounts adopted: performance focus shows EU budget is delivering

The European Commission today published accountability reports on the implementation of the 2015 EU budget, for the first time bringing them all together.

With the accounts set to receive a clean bill of health for the ninth year in a row, the package provides a comprehensive overview of how EU budget is supporting the Union's political priorities, while being spent in line with rules.

The documents put a special emphasis on performance, thus making a big step forward in transparency and accountability and achieving one of the concrete outcomes of this Commission's ‘Budget Focused on Results' strategy.

Kristalina Georgieva, Vice-President for Budget and Human Resources, said: "EU money belongs to our citizens and we owe it to them to turn every euro into quality investment for their prosperity and security. What we are presenting today puts all of the pieces of the EU budget puzzle together: where the money goes, how people benefit from it and what we do to protect it from being misused or lost."

The reports demonstrate that the EU budget is delivering results in line with the Commission's priorities and is implemented properly. They also provide an important input to the annual discharge procedure for the 2015 budget. Based on the Commission's reporting and the Court of Auditors’ report, the European Parliament will decide whether to give the Commission the final approval ('discharge') of the way it has implemented the EU budget in 2015. The Commission has received this approval every year since 1997.

The reports published today include:

  • details on the results achieved by the EU budget and on how it is managedin the Annual Management and Performance Report;
  • how the EU budget is financed and what Member States receive from the budget in the Financial Report;
  • actions taken by the Commission and Member States to ensure the proper use of taxpayers' money in the Communication on the protection of the EU budget;
  • EU Annual Accounts containing financial information on the activities of the institutions, agencies and other bodies of the EU.

More information:

- Full text of the press release

- Integrated Financial Reporting package 2015 brochure

- Annual Management and Performance Report 2015 and its annexes

- Financial Report 2015

- Communication on the Protection of the EU Budget 2015

- EU Annual Accounts 2015

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