The European Institute of Innovation and Technology and several other major EU programmes, including the fusion reactor Iter, need to do more to account for their costs, MEPs have said.
On 23 March, the European Parliament’s budgetary control committee voted on whether to endorse the management of EU funds at 32 EU agencies, seven public-private partnerships, and eight institutions.
According to the committee, the EIT and four out of the seven EU public-private partnerships known as joint undertakings—the Innovative Medicines Initiative, the European Nanoelectronics Initiative Advisory Council, the Artemis project and the Iter nuclear fusion project—will need to demonstrate that EU funds for 2013 were properly spent, before the Parliament approves their accounts.
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