Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-18-Speech-2-545-000"
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"en.20110118.21.2-545-000"2
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"Question 14 by Rares-Lucian Niculescu ()
According to a recent article in the
the European Union has only spent 10% of the EUR 347 billion allocated for the period up to 2013 to promote the development of poor regions.
That article also states that funding earmarked for SMEs has come to be used by multinational companies (Coca-Cola, IBM, Nokia Siemens) while other large companies (Twining, Valeo) are using EU funds to transfer their operations to countries where labour is cheaper, thereby violating rules explicitly prohibiting that practice.
What is the Commission’s view of the information contained in that article, and what steps is it considering taking to prevent such situations arising in the future?"@en1
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"Subject: Utilisation of European funds"1
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