Increasing the financial transparency of European Commission project funding

Abstract

The Financial Transparency System FTS of the European Commission contains information about grants for European Union projects starting from 2007. It allows users to get an overview on EU funding, including information on beneficiaries as well as the amount and type of expenditure and information on the responsible EU department. The original dataset is freely available on the European Commission website, where users can query the data using an HTML form and download it in CSV and most recently XML format. In this article, we describe the transformation of this data to RDF and its interlinking with other datasets. We show that this allows interesting queries over the data, which were very difficult without this conversion. The main benefit of the dataset is an increased financial transparency of EU project funding. The RDF version of the FTS dataset will become part of the EU Open Data Portal and eventually be hosted and maintained by the European Union itself.