The Great EU Budget Heist: 5 Billion Euros Gone in 2022!
In 2022, the European Public Prosecutor's Office revealed a substantial 5 billion euro damage to the EU budget due to the misuse of EU funds
Giovanni Kessler, the head of EU anti-fraud authority OLAF, has had his immunity from prosecution lifted, EU authorities have confirmed.
He is to be inquired by Belgian authorities in relation to a lobbying scandal dating back to 2012 in which he is suspected of involvement for unlawfully recording a phone conversations.
An inquiry from Politico revealed earlier this week a pending decision from the EU Commission to revoke his immunity had taken longer than usual.
New Europe reports the decision was taken in a restricted session of the weekly College meeting of the Commission on March 02.
Other media outlets quote Commission sources as saying the delay had been related to an attempt at applying pressure on Kessler to step down.
New Europe cites a "well-placed source" saying that EU Budget and Human Resources Commissioner Kristalina Georgieva had been offering Kessler a different position in exchange for his resignation, in a move that would have helped him keep his immunity.
In 2012, EU Health Commissioner John Dalli resigned in relation to an OLAF investigation of his possible involvement in a lobbying scandal with a tobacco company. Kessler's ties to the scandal are now to be investigated.
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The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
Concerns are mounting within the European Parliament regarding potential Russian interference in the forthcoming parliamentary elections, coupled with apprehensions surrounding Russian-owned properties in Bulgaria
A dire situation looms over European airspace as thousands of passenger planes, predominantly ferrying tourists, find themselves ensnared in a perilous web of Russian jamming attacks, leaving them disoriented and vulnerable mid-flight.
In a significant affirmation of Bulgaria's path towards Eurozone accession, European Commissioner for Economy Paolo Gentiloni has confirmed the European Commission's support for Bulgaria's admission to the Eurozone in 2025
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022