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Chairman of European Parliament’s Committee on Budgetary Control highlights major dysfunctions in the management of EU financial support to the Palestinian Authority

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From honestreporting.com, Apr. 10, 2014

Writing in the Wall Street Journal, the chairman of the European Parliament’s Committee on Budgetary Control, Michael Theurer highlights major dysfunctions in the management of EU financial support to the Palestinian Authority:

How can we ensure that EU financial assistance to the Palestinian Authority helps advance peace and stability in the region, while also promoting freedom, democracy and the rule of law? How can we guarantee no EU funds are used to reward terrorism? How can we be sure that EU money meant for public investment doesn’t wind up in private Palestinian bank accounts?

The report from the European Court of Auditors is a wake-up call on the need for stricter supervision of how EU funding to the Palestinian Authority is spent. The plenary of the European Parliament last week passed a resolution calling for greater transparency in EU aid to the Palestinian Authority.

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