75% of EU funding fraud unrecovered in 2022

Only 25% of European Union (EU) funds lost to fraud in 2022 were recovered from EU member states, less than the 34% five-year annual average, according to an 18 January resolution ] from the European Parliament.

By Sara Lewis

Only 25% of European Union (EU) funds lost to fraud in 2022 were recovered from EU member states, less than the 34% five-year annual average, according to an 18 January [2024] resolution [1] from the European Parliament.