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EU auditors flag weak oversight of €527 million Balkans transport fund
The European Commission lacked effective tools to monitor progress and relied on international lenders to oversee progress made in the transport sector in the Balkans, leading to the release of funds beyond the level of work completed, according to EU auditors. The European Union has invested €527 million into a flagship fund designed to better connect the Western Balkans to the bloc's transport network. However, more than a decade after the initiative was launched, EU auditors warn that the...