The European Parliament voted in favour of creating the European Public Prosecutor’s Office (EPPO) which will have the right to investigate and prosecute perpetrators of offences against the European Union’s budget.
Currently, only national authorities can investigate and prosecute EU budget-related fraud, such as the intentional misuse of EU structural funds or cross-border VAT fraud, but their jurisdiction ends at their national borders.
According to a European Parliament press release, ...
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