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The EU Court of Auditors says the commission 'was not prepared' to face the financial crisis (Photo: Jorge Franganillo)

Auditors flag EU's 'weak' handling of rescue plans

The EU Commission's handling of the financial crisis was "generally weak", the European Court of Auditors (ECA) said Tuesday (26 January) in a report assessing assistance programmes in five EU countries.

The guardian of EU finances said that Hungary, Ireland, Latvia, Portugal and Romania "were not treated in the same way".

"In some programmes, the conditions for assistance were less stringe...

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