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Europe Daily Bulletin No. 11474

23 January 2016
SECTORAL POLICIES / (ae) agriculture
Costly non-productive investment highlighted

Brussels, 22/01/2016 (Agence Europe) - Three-quarters of common agricultural policy (CAP) investment between 2007 and 2013 for improving the environment were too costly, says a report published by European Court of Auditors on Thursday 21 January.

The Court audited 28 projects in four member states (Denmark, Italy, Portugal, and United Kingdom) which between them spent 80% of the €850 million allocated by the CAP over the period from 2007 to 2013 for investment in environmental protection...