Summary
The European Parliament approved the 2014 budget implementation for the European Training Foundation, noting high performance but calling for better financial planning and transparency. 10 14.09.2016
Other
education
european union
budgetary control
public administration
employment and working conditions
Key points
In force from 01/01/2014 Out of force from 31/12/2014
- The European Parliament officially granted discharge for the implementation of the Foundation's budget for the 2014 financial year.
- The Foundation demonstrated high performance effectiveness, exceeding 97% in meeting its strategic objectives.
- The agency successfully reduced the amount of money held in an Italian bank with a low credit rating.
- There were concerns regarding high budget carry-overs and the cancellation of funds due to overestimation of financial needs.
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