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Member states owe over €320bn to help finance their EU-funded projects, such as new highways (Photo: David Basanta)

Member states owe EU over €320bn

EU internal budget auditors say member states will need to fork out an additional €326 billion to finance their on-going EU-funded projects over the coming years.

The European Court of Auditors, in a report out on Tuesday (25 November), say the budget hole may affect the commission’s ability to meet all requests for payments in the year the requests are made.

The figure is pulled from the previou...

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Member states owe over €320bn to help finance their EU-funded projects, such as new highways (Photo: David Basanta)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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