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Tag Archives: ESPA

Commission suspends EU Funds due to “cartels” in Greece’s construction sector

The European Commission temporary suspended all projects funded through the European Regional Developments Funds for the period 2014-2020 claiming there is a suspicion that a construction cartel has been exploiting the funds flowing into Greece. EC’s official justification for the suspension of funds amounting €13.5 million is the “distortion in …

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Greek PM: EU Funding for development will go only to big projects

The news went almost unnoticed. It went under among billions of euro that will reach the country and make everybody’s pockets full. Everybody’s pockets? No exactly. Only the pockets of big interests that have always profited form the distribution of public money. Prime Minister Antonis Samaras made it very clear: The …

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