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EU Fails its Spending Audit, Again
Long sequence of poor reports continues.
November 12, 2008
The European Court of Auditors has, for the 14th year running, refused to give a clean bill of health to the EU's spending.
In its annual report published on November 10th, the auditors give their verdict on the EU's budget for 2007. They warn of continuing problems with spending on cohesion, which is supposed to support the EU's poorer regions and social groups, and of growing problems with payments for rural development.
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