Regulation on the Regulation on the protection of the Union’s budget in case of generalised deficiencies
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 74mo ago
This procedure concerns negotiations within the Council on a regulation to protect the EU's budget. It aims to establish mechanisms to address situations where Member States' general deficiencies regarding the rule of law could impact the financial interests of the Union.
The regulation will affect Member States by potentially linking access to EU funds to adherence to the rule of law principles. It focuses on budgetary control and the implementation of the EU budget, ensuring financial interests are safeguarded against fraud and mismanagement.