(MENAFN) A European Union (EU) official said the EU conducted the overall error rate of budget spending consistently below five percent, Xinhua reported
The Commissioner responsible for Taxation and Customs Union, Statistics, Audit and Anti-fraud said that tighter rules, coupled with stronger supervision and strict corrective measures have worked
The commissioner noted that errors in EU spending are more administrative mistakes than fraud
He said: "In fact, fraud only accounts for around 0.25 percent of all spending every year.
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