Brussels, 03/05/2012 (Agence Europe) - In response to a far from praiseworthy report by the European Court of Auditors on failed structural fund financing in European maritime infrastructure (see EUROPE 10602), Alain Cadec (EPP, France), rapporteur on a European strategy for the Atlantic region, states that he has already initiated avenues for more effective port investment.
The Court of Auditors' report said that, of 27 European projects examined (which received European subsidies between...