eurealist.co.uk

non partisan comment on the European Union and Westminster politics

 

The EU is still splashing our money about

This time it is 123 million euros to Togo
Concluded in Lome under the 10th European Development Fund, the agreement was signed Friday by EU Commission Head of Delegation Filiberto Sebregondi and Togolese Cooperation, Development and Planning Minister Gilbert Bawara.

46 percent of this money is aimed at boosting the economy through funding infrastructure projects.
Speaking during the same occasion, EU Delegation Chief Filiberto Sebregondi said that cooperation with Togo had already been set in motion by the signing, in early 2008, of an agreement covering three major projects, including the electoral process and remediation macroeconomic projects, at a total cost of 31.4 million euros.
In addition, macroeconomic support through the cancellation of multilateral debt and budget support accounts for 26 percent of the total.

No matter what the arguments to the contrary the EU is certainly already acting like a state, moreover one that has no democratic accountability, did any of us ever vote for our money to be so blatantly used to buy kudos for the European Union.

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Filed under : A solution in search of a problem
By Ken
On May 5, 2008
At 2:55 pm
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