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Europe is spaffing €20bn on handouts for tech

Charlie Clark Silver badge
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So the Commission is doing what the EU usually does when it doesn't get the answer it wants: it keeps asking the question, until EU citizens roll over and give in.

This is a gross misrepresentation and does the argument no good. Yes, there is the odd potty project but the audits always show that the Commission is much less wasteful than national governments who love to use the EU to distribute subsidies (set aside premiums for farmland in Bavaria springs to mind),

Its main job is ensuring the single market so this means keeping an eye on state aid, open skies, etc.

As for the money € 20 bn is less than a third of what the ECB is currently giving to the banks every month!

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