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Euronews
Euronews
Quirino Mealha

EU debt could hit €1 trillion by 2027 as spending errors rise, auditors warn

The European Union's financial watchdog has flagged swelling debt and a rising spending error rate in its latest report, released on Thursday.

It urged policymakers haggling over the 2028-2034 budget to avoid the weaknesses of the pandemic-era stimulus scheme that the proposed budget would largely mirror, while the European Commission argued that robust checks keep its money safe.

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