5.75% of the EU's 1999 budget was wasted through negligence, fraud or mismanagement

The European Cour des Comptes, the equivalent of the U.S. General Accounting Office, says 5.75% of the EU's 1999 budget was wasted through negligence, fraud or mismanagement. The sum, published in a recent report, would be enough to fully fund a major weapons program such as the A400M airlifter...

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