EIT 2014 Budget Discharge Report

Summary

The European Parliament approved the 2014 budget discharge for the European Institute of Innovation and Technology, noting both reliable accounting and concerns regarding management stability.
10 14.09.2016
Other
economy
budgetary control
public administration
information technology and data processing

Key points

  • The European Parliament granted discharge to the EIT Director for the 2014 financial year.
  • The total budget for 2014 was approximately 233 million euros, with a significant increase from the previous year.
  • The Institute faced challenges with management stability and high staff turnover during its early years.
  • A plan was adopted to gradually reduce the funding provided to partner communities to encourage financial sustainability.
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.