Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-11-19-Speech-2-605-000"
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"en.20131119.46.2-605-000"2
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"Mr President, the regional development funds are some of the most expensive items in the EU budget. These schemes are often just a waste of money, but a waste of money used to promote the EU’s identity as a political state.
The European Regional Development Fund (ERDF) has also been a gift to organised crime. In Bulgaria, the mafia profited massively from ERDF funding being channelled into projects in which they have financial stakes. And now the criminals of candidate countries are keen to get in on the action too.
The ERDF is a key part of EU propaganda. Legal requirements say that EU flags and placards must be fixed in places where the money has been spent, but there is no such thing as EU money. There is only taxpayers’ money. Member States would be better off spending their own money in their own way in a democratically accountable manner.
Britain cannot afford this and it is yet another reason why Britain has to leave the European Union."@en1
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