News

ECA: Audit preview - Air passenger rights during the COVID-19 crisis

The COVID-19 outbreak brought major travel disruption, leading to the cancellation of around 70 % of all flights and a collapse in new bookings. Many passengers had their flights cancelled by...

Flood protection projects must be based on economical use of public funds principle

Bratislava, February 26, 2021 - Slovakia belongs to the regions with high risk of floods. According to OECD data, the threat to the population and their property is the second highest in Europe....

This year, the auditors will focus on redistribution of subsidies, bridges, railways, but also environmental challenges of the future

Bratislava, March 5, 2021 - Distribution of subsidies, safety of railway crossings, management of water companies or Military Intelligence, or setting up public procurement in the National...

ECA: EU auditors highlight risks of Brexit Adjustment Reserve

In an opinion published today, the European Court of Auditors (ECA) raises some concerns over the recent proposal for a Brexit Adjustment Reserve (BAR). This €5 billion fund is a solidarity tool...

ECA: A single market for investment funds – ensuring investor protection and financial stability (Audit preview)

In the EU, financial services are increasingly provided through “non-bank financial intermediation” (NBFI). By asset value, investment funds are the most important sector of NBFI. They help to...

ECA: Greater efforts needed to equip all Europeans with basic digital skills

In today’s world, digital skills are increasingly important. However, within the EU, little progress has been made in recent years in improving basic digital competence among adult Europeans. The...

The auditors most often warn the police about breaches of duty in the administration of entrusted property

Bratislava, February 19, 2021 - The Supreme Audit Office of the Slovak Republic (SAO SR) has the first case this year that deserves the attention of the Police and the Prosecutor's Office. The...

ECA: EU Auditors to focus on Covid-related action in 2021

One in four new audits by the European Court of Auditors (ECA) this year will deal with the EU’s response to the COVID-19 pandemic and the Next Generation EU (NGEU) recovery package, the ECA...

ECA: Gaps in the exchange of tax data in the EU may encourage tax avoidance and evasion

There is still insufficient sharing of tax information between EU Member States to ensure fair and effective taxation throughout the Single Market, according to a new special report published...

Slovakia is not fulfilling its commitment to the young generation; we have critical schooling for children under five

Bratislava, February 12, 2021 - Slovakia is on the tail of Europe in the number of tutored preschool children. The European average is 95% and the Slovak indicator of kindergarten attendance by...