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EC to recover 318-mln-euro CAP expenditure from member states

English.news.cn   2014-04-05 07:26:54

BRUSSELS, April 4 (Xinhua) -- The European Commission (EC) Friday decided to claim back 318 million euros(435 million U.S. dollars) of EU agricultural policy funds, which was claimed "unduly spent" by member states.

The EU member states are responsible for paying out and checking expenditure under the Common Agricultural Policy (CAP), and the Commission is required to ensure that member states have made correct use of the funds.

The Commission said the founds is being claimed back under the so-called clearance of accounts procedure.

Under this latest decision, funds will be recovered from 11 member states, namely Denmark, Germany, Greece, Spain, France, Italy, Portugal, Romania, Slovenia, Finland and Britain.

Editor: Fu Peng
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