Much of the €2.8 billion of EU support paid to Russia under the TACIS programme since 1991 could have been a waste of money, a new report by the European Court of Auditors suggests.
The study, sampling 29 out of the 275 individual TACIS projects launched in 2000 to 2003, found that just five achieved objectives in a sustainable way, four achieved goals unsustainably, eight were "partially" successful and 12 failed.
"Considering the above audit results, which show that the effect...
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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.