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November 29, 2010 8:46 pm
This interactive guide explores what the EU structural funds are, how they are allocated, and the disparities in the amounts received by different countries.
The colossal funding programme is now equivalent to Belgium’s annual GDP, or US Medicare spending in fiscal 2010. Although it has drifted from its original ideals, it was conceived to bring less developed countries and regions in the European Union to a shared level of prosperity.
Full coverage of the FT’s joint investigation with the Bureau of Investigative Journalism
Additional reporting by Stanley Pignal and Cynthia O’Murchu
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FT’s EU Funds investigation
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