Brussels, 30/11/2010 (Agence Europe) - On Tuesday 30 November the European Commission said it was “perfectly normal” for a large proportion of EU funding under the cohesion policy to not yet have been spent. According to reports in the Financial Times on the same day, the EU has only spent 10% of the €347 billion allocated to encourage the development of poor regions in 2007-2013.
A Commission spokesperson, Pia Ahrenkilde-Hansen, said that there was nothing new about a slow start to...