Approval of EU agencies' budget management for energy and telecommunications in 2023

The European Parliament has recently approved the budget management of two important agencies for the year 2023. This decision confirms that European funds were used correctly and efficiently. The verification process ensures transparency in the use of taxpayer money.

Context and objectives

The decision is based on analysis of final accounts and reports from the European Court of Auditors. The main objective is to ensure financial accountability and compliance with EU budget regulations. The budget discharge process is a mandatory legal procedure.

Key measures

• Approval of budget management for the Agency for Cooperation of Energy Regulators (ACER)
• Official closure of accounts for the 2023 financial year
• Transmission of the decision to all involved institutions
• Publication in the Official Journal of the European Union
• Incorporation of Parliament's observations in a separate resolution

Timeline and implementation

The decision was adopted in 2025 based on analysis of the 2023 exercise. Implementation is immediate following publication in the Official Journal. The European Court of Auditors continues monitoring financial compliance. The process repeats annually for each EU agency.

Impact for citizens and stakeholders

Citizens benefit from the assurance that public money is managed properly. Agencies can continue their activities with confidence in compliance with financial rules. The process strengthens trust in European institutions and ensures financial transparency.