Almost one third of Juncker Plan innovation loans went where they weren’t needed and claims the plan “mobilised” an additional €335 billion were “overstated,” says the European Court of Auditors. EIB chief disputes the auditors’ methods, and Commission says they lack "the full picture."
As Framework Programme 7 fires up, Europe’s auditors throw on some cold water. Nuala Moran wonders how we will assess whether it has all been worthwhile.
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