Accounting, European-style
EU auditors could vouch for only 10 percent of the $120 billion the bloc spent in 2002. It was the ninth successive year the auditors were unable to certify the budget as a whole. [cite]
Lovely. Perhaps if the French had succeeded in preventing the American-led war in Iraq, they could have maintained their lucrative money laundering operation with Saddam Hussein through third-party states like the UAE. Then, Jacques would have taken the lead, balanced the EU’s budget, and bought air conditioners for every 86 year-old in the French countryside.
Alas. We went to war, the French went on vacation, and their elderly population baked to death in the summer heat. Can’t you spare change for those neo-Socialists across the Atlantic? Don’t you have a heart?