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Tag Archives: European Regional Development Funds

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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