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Europe Daily Bulletin No. 11631

24 September 2016
Contents Publication in full By article 10 / 28
SECTORAL POLICIES / Transport
European Court of Auditors attacks European investment in ports
Brussels, 23/09/2016 (Agence Europe)

In a report by the European Court of Auditors (ECA) published on Friday 23 September, investment in the European port sector is described as ineffective, unsustainable and much of it lost.

The figures speak for themselves and reflect the results published for European regional airports (see EUROPE 11219).  In the 19 ports re-audited following a similar report in 2012, of around €2.5 billion invested in the form of subsidies or loans between 2000 and 2013, no less than €503 million was...

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