Spain Rocked by Claims EU Recovery Funds Were Used to Pay Pensions
13 Articles
13 Articles
The Court of Auditors has approved the declaration of the State General Account of 2024 with a favourable opinion, although it has detected incidents such as the use of "brainy" European funds to cover the payment of passive class pensions and supplements to minimum amounts of 2,389.4 million euros.That money was used when considering that it did not compromise the fulfilment of the recovery plan or the ability to absorb European funds from the …
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elcorreoweb.esThe Court of Auditors has approved the declaration of the General State Account of 2024 with a favourable opinion, although it has found ...
Faced with the lack of sufficient appropriations in the budgets carried over to meet the commitments entered into, the Ministry of Finance had to dispose in 2024 of the excess resources of the European funds of the Recovery Plan to pay part of the pension bill , as the Court of Auditors has denounced in its report on the State General Account of 2024.In particular, the Treasury authorized on 6 November 2024 an extension of credit for 1,722.1 mil…
The Government appealed in November 2024 to EUR 2,389.4 million of European funds to pay pensions.
The monitoring body approves the accounting submitted by the government in 2024, although it warns of several defects.More information: The president of the Court of Auditors: "If the PSOE had a 'box B', we could not have detected it at all"
Finance justified the movement in the ‘shortfall in budgetary credit’ in the absence of Budgets in 2024
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