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...why can't they say that in case structural funds are affected by issues of local mismanagement or corruption the EU level will direct the projects?

The important thing is that the funds get spent in the intended country in a manner that most benefits the local economy. The danger is that neo-liberal capture of EU institutions will lead to conversion of such funds to private looting by the most powerful interests.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Aug 29th, 2012 at 09:07:42 AM EST
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