Financial Times FT.com

EU accounts cleanest in over 10 years

By Stanley Pignal in Brussels

Published: November 10 2009 14:42 | Last updated: November 10 2009 14:53

The European Commission earned its cleanest accounting record in more than a decade on Tuesday, but concerns remain over the way it administered large parts of its €117bn budget last year.

The European Court of Auditors signed off on the European Union’s executive arm accounts for only the second time since the mid-nineties, after a breakthrough year in 2007.

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