THE LATEST report of the European Court of Auditors on annual spending by the European Union is depressingly familiar. It says the figures do not warrant official approval. It puts a questionmark over some Pounds 2.5 billion out of the pounds 50 billion spent by the EU in 2000, with most of the suspect figures again in the farm sector. It is, in short, more or less the same situation as that which touched off a scandal two years ago that led to the resignation of the entire European Commission.

To be sure the Court - the financial ...

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