EU budget riddled with fraud! Court of Auditors explained

Many people speak of the Court of Auditors not signing off on the EU budget, but don't really know what it means? In this video, we'll give you an insight into what the Court of Auditors checks the books on and why it has never fully signed off on them.

Errors (thanks for those who pointed them out):
- 2:19 The correct amount per citizen is € 0,5 (instead of €0,05).

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In this series we explain complex aspects of the EU in a comprehensive and understandable way. If however, despite our diligence and help of Dr. Jan Oster, we have left something out or made a mistake, please be so kind to tell and forgive us.

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With Ciceroni we seek to be a guide to European culture and history. We make videos on little known subjects as well as more ubiquitous ones, ranging from current affairs like the European Union, to historic events like the Tulip Mania, and even mythological stories like those of the Greek Gods. In all these videos we strive to present the subjects in a objective manner and within their complex context.

[TrebolMagic]

Great job, this channel deserves way more subscribers and views, keep up the good work.

[ScotsmaninUtah]

Several members of staff used EU funds to hand cash over to their family.

[kenhardy]

The auditors should check Junkers drinks bill they will probably find the missing money there.

[KostisGal]

2:19 it's 0, 5 euro per eu citizen

[MichealJacksonsShoes]

WONDERFUL CHANNEL I LOVE IT KEEP UP THE GOOD WORK

[FactualCounterpoints]

0.2% written as 0.02% and 2% of expenditure affected

[jomolololo]

It shows the good and bad in Burueacrazy, i spelt it like that for good reason, the good is the parts where people can be held accountable, the bad all the regulations paper work articles etc that no doubts hides courrption

[neilly]

I do think fraud is bad but on this scale it isn’t very surprising. However simply because the books are signed off doesn’t mean the money is being wisely or fairly spent.

[dieselforwethepeoplenews]

The true question is the government paying for the auditors or is it truly independent

[simonjandrell]

could they put the 282 million of lost money on my account please, as i have been paying in to this for the last 40 plus years, and should i write a letter to the EU also explaining this very important fact, i also accept a cheque or cash, or bank transfer

[onxiaftw]

Yeah come here in Bulgaria and youll see what missuse of EU money means. Every 'farmer' has a mercedes and a big house where he only uses Eu money on paper...

[cognitivedissonance]

It's not about fraud, it's about revealing their activity. If the books were signed off on and available for public inspection, we would see the large payments that went to people and countries to pay them off. We would see the vast amounts of money received by tin-pot nations from the wealthier ones. We would see how companies were paid to leave Britain and set-up elsewhere. This is what we want to see.

[krpkrp]

There's no such thing as an EU citizen, the EU is not a sovereign state. That's why each member state issues it's own passports. The EU is a business with it's own legal identity, just like any other business. This is why it can enter into legal contracts with member states.

[WELLBRAN]

I don't believe you or your books