Posted on 01/28/2015 5:34:45 PM PST by Olog-hai
France must repay the EU €1.07 billion ($1.2 billion) in agricultural aid paid to farmers due to fraud and mistakes over a four-year period, the European Commission said on Tuesday.
The money, about 2 percent of the €40 billion that France has received from Brussels between 2008 and 2012 under the EU’s Common Agricultural Policy, must be repaid in three installments up to 2017, a European source said.
France was penalized for failing to check farmers’ claims for subsidies, especially on environmental issues and calculating the area of arable land. …
(Excerpt) Read more at thelocal.fr ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.