Slovakia reported the highest financial impact of irregularities in drawing EU funds

The OLAF statistics suggests that the irregularities in the past five years concerned nearly 20 percent of all EU payments.

Illustrative stock photoIllustrative stock photo (Source: Sme)

Slovakia recorded an uncomplimentary lead in one of the statistics published by the European Anti-Fraud Office (OLAF). It reports the highest financial impact of irregularities in drawing EU funds, which has been the highest in five years, the website reported.

OLAF detected 1,649 fraudulent and non-fraudulent irregularities in the areas of European Structural and Investment Funds and Agriculture for the 2014-2018 period. Their financial impact was as high as 19.29 percent of all payments, as stems from OLAF 2018 report.

To compare, the second highest financial impact was reported by Spain: 3.30 percent. The local authorities detected 10,995 irregularities, which is the most in the EU. Spain is followed by Romania (3.23 percent) and the Czech Republic (2.84 percent).

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