Annual EU Finances Statement Debate

Full Debate: Read Full Debate
Department: HM Treasury

Annual EU Finances Statement

Mark Hoban Excerpts
Friday 13th July 2012

(12 years, 3 months ago)

Written Statements
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Mark Hoban Portrait The Financial Secretary to the Treasury (Mr Mark Hoban)
- Hansard - -

I am today laying before Parliament, the “European Union Finances: Statement on the 2012 EU budget and measures to combat fraud and financial mismanagement” (Cm 8405). It is the 32nd in the series.

The statement gives details of revenue and expenditure in the 2012 EU budget and covers recent developments in EU financial management and measures to counter fraud against the EU budget. It also includes an annex on the use of EU funds in the UK.

The current economic and financial climate demands that the EU spend within its means, the Government remain determined to ensure transparency and better value for money in EU budget spending, and to push for improvements in EU financial management.