Cadiz port area must pay back 80% of all EU cash after it couldn’t tell Brussels where the money went

The “zona franca” of Cadiz, the huge port and logistic area which acts as the main import/export area for Southern Spain, must pay back 80% of all EU money received over the last few years as it cannot account for how it was all spent. The Zona Franca management has admitted to the EU that the money appears to have been spent on vanity projects, wages, financing its outstanding debt with the banks (currently 150 Continue reading Cadiz port area must pay back 80% of all EU cash after it couldn’t tell Brussels where the money went