Groundhog Day 16

EU accounts not signed off… for the 16th consecutive year

You wont have read this in the MSN but The European Union Court of Auditors has refused to sign off the EU accounts for yet another year, making this the 16th year in a row that the EU accounts have failed to receive a clean bill of health.



This year’s report found discrepancies in 90% of last year’s EU budget, and yet the European Parliament is currently demanding a 2011 budget increase of 6%, which has, unsurprisingly, gone down like a lead balloon with cash-strapped and budget-slashing national governments.