WHERE THE MONEY GOES - FT LEAKS

Romania (Website for this image)

Some of the money goes to the Mafia and big global companies, it seems.

The European Union has billions in funds which are intended to help poor regions and poor people.

The UK Financial Times, 30 November 2010 (Europe's grand vision loses focus), reports on where some of this European Union money, intended to help the poor, is going:

1. Millions of euros are siphoned off by organised crime syndicates.

2. Large sums are going to big global companies such as IBM, Fiat, fashion retailer H&M and British American Tobacco.

McDonald’s got nearly €60,000 to pay for ‘skills training’ in one particular rich Swedish town

~