2010 discharge: European Training Foundation (ETF)

PURPOSE: presentation by the Commission of the consolidated annual accounts of the European Union for the financial year 2010, as part of the 2010 discharge procedure.

Analysis of the accounts of the European Training Foundation (EFT).

CONTENT: this Commission document sets out the consolidated annual accounts of the European Union for the financial year 2010 as prepared on the basis of the information presented by the institutions, organisations and bodies of the EU, in accordance with Article 129 (2) of the Financial Regulation applicable to the EU's General Budget, including the European Training Foundation (EFT).

In 2010, the tasks and budget of this agency were as follows:

• description of the Foundation's tasks: the European Training Foundation, which is located in Turin, was created by Council Regulation (EEC) No 1360/90. The Foundation's purpose is to support the reform of vocational training in the European Union's partner countries. As such, it assists the Commission in the implementation of various programmes (Phare, Tacis, CARDS and MEDA).
• the Foundation's budget for the financial year 2010: the Foundation's 2010 budget amounted to EUR 19.3 million, compared with EUR 20.2 million the previous year. The number of staff employed by the Foundation at the end of the year was 128, compared with 124 the previous year.

The complete version of EFT's final accounts may be found at the following address: http://www.etf.europa.eu/Archive