The annual financial report 2010

The European Commission has published its annual financial report for 2010 on 30 september. In this report the Commission presents detailed information what the EU budget was spent on and how it was administrated.

In 2010 the points of focus lay for example in the reinforcement of the framework of the Competitiveness and Innovation programme (CIP), the support of Small and Medium Enterprises (SME).

Between 2007 and 2010 more than 25 million Euro were invested in the framework of the CIP and over 338.000 new jobs were created. In 2010 the 7th framework for research and and technological development allowed more than 2.000 SMEs to invest into the areas research and development.


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