Valencia, Andalucía and Basque Country fined by Brussels for 'misuse' of funds
Tuesday, February 26, 2013 @ 6:09 PM
THREE federal regions in Spain have been fined multi-million sums by the European Union for misuse of grants. The Comunidad Valenciana has been hit by a 116-million-euro penalty and Andalucía for 219 million, whilst the Basque Country is set to lose 28 million euros. Although they will not have to find the money and hand it over, this will be deducted from future EU grants.
Read more at thinkSPAIN.com