[QODLink]
People & Power
Europe's missing billions
People & Power investigates why the EU funding system is riddled with fraud and mismanagement.
Last Modified: 05 Dec 2010 16:10 GMT

Europe is in the middle of its worst financial crisis for decades, and many are feeling the pain as people across the continent demonstrate against government cuts. 

As unemployment grows, public services are slashed and billions of Euros go to bailing out the banks, and the continent's hard pressed taxpayers are being asked to embrace austerity and contribute more.

The European Union is one of the main recipients of their money. Its huge budget is drawn from its member states, hundreds of billions of Euros that are meant to be redistributed as grants, to the projects and places most in need.
 
However not all of that money is going where it should. For several months, the Bureau of Investigative Journalism has been looking into EU finances, and it has uncovered evidence of massive fraud.
 
Most disturbingly, as Angus Stickler now reports for People&Power, it seems that billions of taxpayer Euros are going straight into the pockets of organised crime.

This episode of People & Power can be seen from Wednesday, December 1, 2010 at the following times GMT: Wednesday: 0630, 1230; Thursday: 0300, 1400, 1930; Friday: 0830; Saturday: 2030; Sunday: 0730; Monday: 1430; Tuesday: 0030.

Source:
Al Jazeera
Topics in this article
People
Organisation
Featured on Al Jazeera
Muslim volunteers face questioning and threat of arrest, while aid has been disrupted or blocked, charities say.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
ISIL combatants seeking an 'exit strategy' from Mideast conflict need positive reinforcement back home, analysts say.
European nation hit by a wave of Islamophobia as many young fighters join ISIL in Syria and Iraq.
Featured
Lacking cohesive local ground forces to attack in tandem, coalition air strikes will have limited effect, experts say.
Hindu right-wing groups run campaign against what they say is Muslim conspiracy to convert Hindu girls into Islam.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
Muslim caretakers maintain three synagogues in eastern Indian city, which was once home to a thriving Jewish community.
Amid fresh ISIL gains, officials in Anbar province have urged the Iraqi government to request foreign ground troops.