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EIT and JTIs fail Parliament’s accounting test

The European Parliament has asked the European Institute of Innovation and Technology and the public-private partnerships Artemis and Eniac to do more to explain their 2013 accounts.

On 29 April, the Parliament voted on whether to endorse the management of 2013 funds at 32 EU agencies, seven public-private partnerships and eight institutions. This is part of an annual procedure known as budgetary discharge, through which the Parliament checks if EU funds have been spent according to financial rules.

Last month, the budgetary control committee warned that the EIT and four public-private partnerships—the Innovative Medicines Initiative, the European Nanoelectronics Initiative Advisory Council, the Artemis project and the Iter nuclear fusion project—might fail the test.

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