EC Report: 98% Of EU’s Funds Absorbed By Romania In 2011 Suspected Of Fraud

11.11.2012 By Manuela Panescu

The bulk or EUR505 million or a total of EUR515 million European Union’s funds absorbed in 2011 are suspected of fraud, said Catalin Ivan, the head of the Social Democratic PSD eurodeputies delegation, citing a report of European Commission's DG REGIO unit.

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Keywords:
IVAN
, FUNDS
, FRAUD