Ad
Coca Cola is one of the recipients of EU regional funds (Photo: chicco)

Weapons makers, multinationals among top beneficiaries of EU regional funds

The EU commission has tried to defend the rationale of its regional policy after a new database put together by investigative journalists revealed that corporations such as IBM and Coca-Cola are on the recipient list, together with weapons makers Honeywell, EADS and Dassault, big pharmaceutical companies and chain supermarkets.

"Cohesion policy brings significant benefits to the poorer regions of the EU, but is also benefiting the whole of Europe," EU regional policy commissioner Johann...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Coca Cola is one of the recipients of EU regional funds (Photo: chicco)

Tags

Ad
Ad
Ad