Measures to protect European money against fraud

The European Parliament has adopted a comprehensive report on protecting the EU's financial interests. This text analyzes anti-fraud efforts in 2023 and proposes measures to strengthen the security of the European budget. All EU citizens are involved since European funds come from their tax contributions.

Context and objectives

Based on Article 325 of the Treaty on the Functioning of the EU, the report aims to protect the European budget through fraud prevention and combat. Objectives include strengthening the anti-fraud architecture (AFA) and improving coordination between member states and European institutions.

Key measures

• Strengthening conditionality mechanisms for budget protection
• Full implementation of the whistleblower protection directive
• Enhancing cooperation with the European Public Prosecutor's Office and OLAF
• Digitalization of EU fund management systems
• Reducing tax evasion and the VAT gap
• Improving transparency in managing NextGenerationEU funds

Timeline and implementation

The report is based on 2023 data and will guide future actions. Implementation occurs progressively through coordination by the European Commission with member states. Control is ensured by the European Court of Auditors and national audit institutions.

Impact for citizens and stakeholders

Citizens will benefit from more transparent management of European funds. National authorities will have better tools to combat fraud. For businesses, these measures mean a fairer economic environment but also increased compliance obligations.