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Article: REGIONAL POLICY: COURT OF AUDITORS SLAMS OCT AID MANAGEMENT.
- Article from:
- European Report
- Article date:
- October 6, 1999
CopyrightCOPYRIGHT 1999 Europe Information Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The special association arrangements with the OCTs currently apply to 20 island countries and territories scattered across the globe: 11 are linked to the United Kingdom, six to France, two to the Netherlands and one to Denmark. They receive financial and technical aid which amounts to Euro 100 million and Euro 140 million provided respectively for the Sixth and Seventh EDFs. However, the EDF financing is granted to the Member States which have a specific link with the OCTs, and the funds are then allocated to the individual territories.Criticism.But the Court of Auditors was severely critical of the administration. It examined 56 aid operations, which 48 were visited on ...
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