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EU politics: money down the drain - richard
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richard
#1 Posted : 27 February 2013 01:46:18(UTC)
Richard

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Last year, the National Audit Office was reporting that the Rural Payments Agency, which administers EU farm subsidies, had incurred penalties as a result of weaknesses in management and administration to a total value of £590.4 million since 2008-2009, including provisions for an estimated £125.4 million in penalties which had not yet been finalised.

Then, yesterday we learned from the BBC that the European Commission has ordered the return of £85m for failing to comply with rules on agricultural payments. Again, this is the result of "weaknesses" in processing applications for funds and on-the-spot checks.

Read here... http://www.eureferendum....ogview.aspx?blogno=83660

Edited by user 27 February 2013 02:56:40(UTC)  | Reason: Not specified
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ALeatherland
#2 Posted : 27 February 2013 07:52:28(UTC)
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Perhaps we should all apply for jobs with the Rural Payments Agency – we could hardly do worse than the present incumbents.

Joking aside, there is wisdom in your idea. I think it is time for a countermarch through the institutions.
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Ravenscar
#3 Posted : 27 February 2013 08:43:36(UTC)
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If it's EUrope it's tuckwif time and over to another O/T story...........


What do you make of this?

Quote:
“For the purposes of legal certainty and market predictability, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable” for carbon allowances, the text says.
here

Legal certainty and market predictability - only in EU-la-la-land could there be a symbiosis of those two 'conditions'.

Market predictability - well those tw*ts know all about fixing the markets do they not?
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richard
#4 Posted : 27 February 2013 09:16:25(UTC)
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Originally Posted by: Ravenscar Go to Quoted Post
If it's EUrope it's tuckwif time and over to another O/T story...........


What do you make of this?

Quote:
“For the purposes of legal certainty and market predictability, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable” for carbon allowances, the text says.
here

Legal certainty and market predictability - only in EU-la-la-land could there be a symbiosis of those two 'conditions'.

Market predictability - well those tw*ts know all about fixing the markets do they not?



Yet, if any other entity tried to rig the market in such a way, they would be dragged in front of the courts. One rule for them ...
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meltemian
#5 Posted : 27 February 2013 09:31:09(UTC)
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Originally Posted by: richard Go to Quoted Post
Originally Posted by: Ravenscar Go to Quoted Post
If it's EUrope it's tuckwif time and over to another O/T story...........


What do you make of this?

Quote:
“For the purposes of legal certainty and market predictability, it should be clarified that, in order to ensure an orderly functioning of the market, the Commission is able in exceptional circumstances to adapt the auction timetable” for carbon allowances, the text says.
here

Legal certainty and market predictability - only in EU-la-la-land could there be a symbiosis of those two 'conditions'.

Market predictability - well those tw*ts know all about fixing the markets do they not?



Yet, if any other entity tried to rig the market in such a way, they would be dragged in front of the courts. One rule for them ...



Wonder what the "exceptional circumstances" might be? " Any time we want to " is more likely.
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vincent
#6 Posted : 27 February 2013 11:07:54(UTC)
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Quote:
However, £85 million is still a lot of money and we are not so flush that we can afford to give it away. The one thing you can be sure of though is that no one will be fired, no one will even be censured and, if there is any shortfall to be made up, the taxpayer will pick up the bill.


Natch....bearing in mind we are net contributors to the EU budget that'd mean we could have saved about £142 million all told there.Ditto on the previous years fines too.

Of course it is not confined to EU agricultural payments.We are more than capable of wasting vast amounts of money on our own,re the "little" fiasco concerning the Western rail contract which has reputedly cost us £50m million....and counting....and for which I see our favourite entrepreneur, Richard Branson, benefits.


http://www.telegraph.co....axpayer-50m-say-MPs.html

Edited by user 27 February 2013 11:08:27(UTC)  | Reason: Not specified
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Ravenscar
#7 Posted : 27 February 2013 12:21:53(UTC)
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Quote:
Yet, if any other entity tried to rig the market in such a way, they would be dragged in front of the courts. One rule for them ...



How right you are Richard, rigging the market is what you can do when your directions are recognized and legitimised by rule of the courts.......now that Brussels holds dominion in the ECHR Strasbourg, ECJ Luxembourg, or in the Council of Europe [again Strasbourg] - same shades of EU aegis, same bloody difference.
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