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[Nickbat]

From the "Bureau of Investigative Journalism":

Over eight months the Bureau and the FT have collected data relating to billions of euros to reveal, for the first time, the 646,000 recipients that have received the funds.

Our research reveals:

How Italy’s most dangerous mafia, the ndrangheta, has become an expert at getting its hands on these funds.

A decentralised, cumbersome and weak system allows, and rarely punishes, fraud and misuse.

Millions of euros are going to multinational companies to help them move factories within the union despite guidelines discouraging this practice.

Funds have been used to finance a hotel building boom on protected nature reserves in Spain.

The lack of thorough checks means money is being wasted.

Some of the world’s largest companies are receiving funding despite the programme being aimed at small and medium-sized companies.


And that's just the £347bn Structural Fund...

Sheesh! And people still want to pay more into the EU's coffers?

http://thebureauinvestigates.com/2010/11/29/top-story-4/

[bluey]

I wonder if the EU will finance my huge house in the Caribbean business?  I really should take a look! 

[Dishevelled Den]

Yes, I'm not surprised at all.

The EU as presently constituted and operated is a mecca (those of a sensitive disposition please note the small 'c') for spivs, wide-boys, con-men, deluded bureaucrats/empire-builders and greedy bastaads.

The sooner we have the right to air our opinion by way of referendum the better.