Spain’s EU Funding Failures: Billions Left Unused and Mismanaged
The EU’s financial watchdog has called on Spain to repay misused funds as quickly as possible.
The EU’s financial watchdog has called on Spain to repay misused funds as quickly as possible.
Non-existing lemon trees in Italy and missing equipment for an Ivory Coast school are only some of the dodgy expenditures highlighted by the auditors.
Offshore energy targets could risk marine environment and increase dependence on China to the tune of €800 billion
The EU cannot guarantee that hundreds of billions of euros from its joint pandemic recovery fund were not wasted or lost on corruption, says the European Court of Auditors.
It is not the first time that von der Leyen fell under an EU body’s scrutiny. In late January this year, the European Ombudsman launched an investigation to ascertain her role in negotiations with the U.S. pharmaceutical.
According to the auditors, the specific efforts to ‘green’ agriculture have had negligible ‘climate action’ effects.
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