The European Court of Auditors says the European Commission is not moving fast enough to recover EU money that is not spent in accordance with the regulations. EU auditors said, in a report published on Tuesday, that often more than a year or more passes between the end of subsidized measures and the recovery of funds. A further three to five months elapsed before the funds were reimbursed, the report added. In up to 8% of cases, claims are even waived completely. However, the commission ensures that irregular expenditure is recorded accurately and quickly, the report said. Some 4.2% of the EU…