
The EU misspent 6.6bn euros (£5.5bn; $8.9bn) of its budget funds last year - an increase on the amount misspent in 2011, European auditors say. The highest rate of misspending was in rural development and the environment, at 7.9%. Errors in "cohesion" spending for struggling regions totalled 6.8%. via Pocket http://www.bbc.co.uk/news/world-europe-24823795#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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