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Ten EU states bothered to report fewer than 10 suspected fraud cases (Photo: Alessandro Marotta)

EU bleeding untold billions to fraud

Over €6bn of EU taxpayers' money was stolen by criminals in recent years and over €130m is still being lost each year, EU auditors have warned.

Those were the stark figures in a report on EU budget fraud by the European Court of Auditors, the bloc's financial watchdog, on Thursday (10 January).

Fraudsters stole at least €8.8bn from the EU budget between 2002 an 2016, but EU institutions clawed...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Ten EU states bothered to report fewer than 10 suspected fraud cases (Photo: Alessandro Marotta)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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