The shocking fraud at the heart of the EU

Europe’s official financial watchdog, the European Court of Auditors, this week refused to approve the EU’s accounts for the 11th year in a row, because they are once again riddled with mistakes and evidence of fraud...

Europe's official financial watchdog, the European Court of Auditors, this week refused to approve the EU's accounts for the 11th year in a row, because they are once again riddled with mistakes and evidence of fraud.

More or less every area of the EU's operations is affected, with the biggest problems in the two biggest areas of EU spending farm subsidies and regional development. At least things seem to be improving a bit, said Stephen Castle in The Independent: this year the Court is satisfied with a third of EU spending, compared with just 6% last year.

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