13 Nov 2020
Auditors sign off 2019 accounts of EU Joint Undertakings
On 12 November 2020, the European Court of Auditors (ECA) published a report on the financial year of 2019 for EU Joint Undertakings, the EU’s public-private partnerships with industry, research groups, international organisations and Member States. The auditors confirm that their financial management is healthy, although several aspects could be further improved, for instance the internal control and monitoring framework of procurements, grant payments and human resources.
However, as in previous years, the auditors again draw attention to the ‘Fusion for Energy’ (F4E) JU, mainly because of the risk of further cost increases and delays in implementing the International Thermonuclear Experimental Reactor (ITER) project.