EU aid diverted to benefit European firms, report finds

The report calls for greater transparency in the Global Gateway’s implementation, along with Parliamentary scrutiny.

Content-Type:

News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

A report published on Wednesday (October 9) by Counter Balance, Eurodad, and Oxfam founds that the EU risks diverting its aid budget to serve its commercial and geopolitical interests, with over 60% of Global Gateway projects analysed by the study benefiting European companies. [Thierry Monasse]

Nicoletta Ionta Euractiv 09-10-2024 09:43 3 min. read Content type: News Euractiv is part of the Trust Project

Donec et orci aliquet nisl suscipit molestie sed sit amet tortor. Duis vel urna ac mi sollicitudin lacinia mollis sit amet lorem. Sed finibus erat nec libero scelerisque fringilla. Morbi at orci sed urna vulputate vulputate. Nulla facilisi. Donec et orci aliquet nisl suscipit molestie sed sit amet tortor.

Want to keep reading?

Get a subscription on Euractiv + and elevate your political insight!

Discover Euractiv +
For individuals

Already have an account?

Subscribe to our newsletters

Subscribe