Discharge of the Translation Centre's 2015 Budget

Summary

The European Parliament grants discharge for the 2015 budget of the Translation Centre for the Bodies of the EU, noting both successful cost-reduction measures and concerns regarding financial forecasting.
10 29.09.2017
Other
finance
european union
budgetary control
public administration

Key points

In force from 01/01/2015 Out of force from 31/12/2015
  • The European Parliament grants discharge to the Director of the Translation Centre and approves the closure of its 2015 accounts.
  • The final budget for 2015 was approximately 49.6 million euros, which was a decrease of nearly 12% compared to 2014.
  • The Centre successfully reduced budget surpluses by lowering translation prices and introducing automatic reimbursements to clients.
  • There were concerns regarding the cancellation of 5.9 million euros due to inaccurate forecasting of costs for external translators.
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