The EU commission has tried to defend the rationale of its regional policy after a new database put together by investigative journalists revealed that corporations such as IBM and Coca-Cola are on the recipient list, together with weapons makers Honeywell, EADS and Dassault, big pharmaceutical companies and chain supermarkets.
"Cohesion policy brings significant benefits to the poorer regions of the EU, but is also benefiting the whole of Europe," EU regional policy commissioner Johann...
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