Sunday, October 16, 2011

Eurocrats Couldn't Organise What In A Brewery?

'From a rooftop plant nursery to scooters for the unemployed, they seem unlikely recipients of public money.
But these, and dozens more projects across England, were awarded European Union funding under a programme to "reduce economic disparities" between countries and regions.
And now the Government has admitted that millions of pounds handed out to the schemes has been lost through mismanagement.
Ministers say that £38.1 million awarded through the European Regional Development Fund (ERDF) has been misspent or is unaccounted for, while a further £133.9 million may also have to be written off.' (Sunday Telegraph.)

Phew.