Protection of EU budgetary interests and security of financial management in the financial perspective 2014–2020

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DOI:

https://doi.org/10.5281/zenodo.10540033

Keywords:

protection, management, finances, security

Abstract

The EUʼs action in the field of budgetary control to protect the European Unionʼs (EU) financial interests is based on two principles: on the one hand, ensuring that the EU budget is properly spent and, on the other hand, protecting the EUʼs financial interests and combating fraud. The European Anti-Fraud Office (OLAF) is mandated to investigate fraud against the EU budget, corruption and serious irregularities and develops anti-fraud policies. The European Public Prosecutor's Office (EPPO) investigates, prosecutes and brings perpetrators to justice for crimes jeopardizing the EU budget. In order for citizens to be confident that their money is being used properly, the European Union must, together with the Member States, protect its financial interests. It is also important to monitor and control the activities of OLAF along with EPPO and to support their efforts to combat fraud and irregularities in the implementation of the EU budget.

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Published

31-12-2023

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Section

ECONOMICS. FINANCE

How to Cite

Protection of EU budgetary interests and security of financial management in the financial perspective 2014–2020. (2023). Politics & Security, 7(4), 1-13. https://doi.org/10.5281/zenodo.10540033

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