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Europe's Hidden Billions

Number 24786
Subject Financial Investigations
Source Financial Times (United Kingdom)
State n/a
Year 2010
Publication Date 07/06/2010; 11/29/2010; 11/30/2010; 12/01/2010; 12/02/2010
Summary An investigation of spending by the European Unions questions whether there is proper oversight of taxpayer money. Although nearly impossible to track where EU money is spent, the Financial Times found that millions of euros are being siphoned off by organized crime syndicates. Additionally, many of the EU's programs meant to support under-developed countries no longer are serving that mission.
Category Contest Entry
Pages 17
Keywords European Union; UNESCO; recession; spending; oversight
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