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Europe Daily Bulletin No. 7872

30 December 2000
Contents Publication in full By article 15 / 40
GENERAL NEWS / (eu) eu/court of auditors
Food aid to Russia from December 1998 was not justified, says Court

Brussels, 29/12/2000 (Agence Europe) - The European Court of Auditors recently adopted a very critical report on food aid provided by the European Union to Russia following the poor harvest and financial crisis of 1998. The total cost of the programme, which has not been completely concluded, is estimated at around 336 million euros, whereas this aid was not justified, according to the Court. The necessity of such aid, decided by the Fifteen in mid-December 1998, has "not been demonstrated",...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION