Additional reports
Reports on investigations under EU regulation 1173/2011
Since December 2011, EU regulation 1173/2011 on the effective enforcement of budgetary surveillance in the euro area, empowers the Commission to launch investigations if there are serious indications of misrepresentation of statistics, intentionally or due to serious negligence.
On 3 May 2016, the European Commission decided to launch a formal investigation into the possible misrepresentation of statistics from Land Salzburg, Austria. This was the second time that the Commission drew on its powers under EU regulation 1173/2011 to investigate suspected misrepresentation of an EU Member State's deficit and debt data.
The investigation aimed at assessing whether the serious indications of misrepresentation of deficit and debt data in 2012 could be confirmed and, if so, whether it was a result of intent or serious negligence. The report, adopted by the Commission on 22 February 2017, presents the findings of the Commission in the light of the investigation conducted, together with the key facts supporting those findings.
On 11 July 2014, the European Commission decided to launch a formal investigation into the possible manipulation of statistics by the Autonomous Community of Valencia, Spain. This was the first time that the Commission drew on its powers under EU regulation 1173/2011 to investigate suspected manipulation of a EU Member State's deficit and debt data.
The investigation aimed at assessing whether the serious indications of misrepresentation of deficit and debt data in 2012 could be confirmed and, if so, whether it was a result of intent or serious negligence. The report, adopted by the Commission on 7 May 2015, presents the findings of the Commission in the light of the investigation conducted, together with the key facts supporting those findings.
Other reports
- Net government debt – theory and practice (9 September 2014)
- Report on Greek government deficit and debt statistics (11 January 2010)
- Report on the revision of the Greek government deficit and debt figures (1 December 2004)
- Impact of the changeover from ESA 95 to ESA 2010 on government deficit and debt (21 October 2014)