How much money do the have in reserve
Thomas Hazlehurst made this acceso a documentos request to Tribunal de Cuentas Europeo
This request has been closed to new correspondence. Contact us if you think it should be reopened.
Dear European Court of Auditors,
Under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the following information:
I would like to know how much money the EU has in reserve ,as of todays date 8/3/2019
The whole ammount that is in there bank
Dear Mr Hazlehurst,
Thank you for contacting the European Court of Auditors (ECA).
Your request for access to documents has been processed in accordance with
Article 6 of Decision No 12/2005 of the Court of Auditors regarding
public access to Court documents (as amended by Court Decision No
With reference to your query, our understanding is that the information
you are seeking relates to the various components and principles of the EU
budget, which is a matter that does not, per se, lie within the remit of
our institution. The ECA is not in possession of documents stating “how
much money the EU has in reserve, as of … 8/3/2019”. Our institution is
responsible for auditing the EU’s finances. Pursuant to Article 287 of
the Treaty on the Functioning of the European Union, we examine the
legality and regularity of the EU’s revenue and expenditure and the
soundness of its financial management, and thereby act as the guardians of
the EU’s finances. In fact, the ECA auditors test samples of transactions
from the different budgetary lines (groups of policy areas) after the
amounts are already spent (the ECA audits are always ex-post). In this
regard, it might be of interest to consult the latest flagship product of
our institution, that is the Annual Report on the implementation of the
EU budget for 2017 and, in particular, Chapter 4, which presents ECA’s
findings for the revenue of the Union for that year.
For your information, it is the responsibility of the European Commission
to draw up the annual budget of the EU, which is further submitted to
the approval of the European Parliament and of the Council of the European
Union. Furthermore, it is the European Commission which overlooks the
implementation of the EU budget. As such, you may consider consulting the
dedicated EU budget webpage on EUR-Lex and the European Commission’s
webpage on EU budget, which provide more detailed and up to date
comprehensive information on the this topic altogether.
Please be informed that, under Article 7 of Decision 12/2005, you can ask
the ECA to reconsider its position within 15 working days of receiving
this reply. Your request for reconsideration should be addressed to the
President of the ECA.