EU auditors warn rising debt could weaken budget oversight
· Ideallya News
The European Court of Auditors said EU debt has risen to €740 billion and could reach €1 trillion by 2027, driven by Ukraine support, defense spending, higher interest costs and the pandemic recovery fund. The auditors warned that Brussels plans to reuse the recovery fund model in the next long-term budget despite weak oversight and €45.5 billion in irregularities found in the EU’s 2025 accounts.
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