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Monday 12 November 2012

European research projects plagued by financial errors


European research projects plagued by financial errors

 

European research projects dealing with financial mistake,European research projects ineligible fault claim costs are hundreds of millions of euros,Euro millions of European research funding error the European Union (EU) by making errors in their accounts funded with half of all projects potentially being claimed.
Review of EU spending this year - held annually by the auditors - such as excessive costs and related research 150 2011 74 payments that were checked1 is being claimed as a time sheet discrepancies found to have problems. Was the main source of error framework program, which doles research scientists across the continent funding for projects "costs declared by the beneficiaries." Observers estimate the amount of errors is 3% of the budget. Total research expenditure in 2011 was € 12 billion, meaning around € 360 million of mistakes canpossible to have committed"European budget problems are far from unusual, and observers always in their annual reports all failures identified in the European Union. Ladislav Balko, the European Court of Auditors (ECA) member of the research activities under audit says that "to locate the material is no different from last year."

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