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Public authorities spend €2 trillion annually on public procurement, equivalent to 14 percent of EU GDP (Photo: Pixabay)

EU public procurement reform 'ineffective', find auditors

Public contracts in the EU are not attractive enough to businesses — and competition for these tenders is shrinking as a result, according to a damning new report by the European Court of Auditors (ECA) published on Monday (4 December).

Between 2011 and 2021, the number of companies competing to provide works, goods, and services to public bodies fell from an EU average of 5.7 bidders to 3.2, per procedure.

"Over the past 10 years, the EU and its member states failed to increase ...

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

Public authorities spend €2 trillion annually on public procurement, equivalent to 14 percent of EU GDP (Photo: Pixabay)

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Author Bio

Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.

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