Keravnos hails agreement on monitoring of EU budget

Finance Minister Makis Keravnos on Friday hailed the striking of an agreement among the European Union’s member states on a mechanism to monitor and evaluate the bloc’s next multiannual financial framework, its budget for the period covering the years between 2028 and 2034.

“Every budget needs appropriate oversight and evaluation. The multiannual financial framework is no different. The new performance regulation is geared towards delivering maximum transparency, maximum accountability and...