According to El Periódico, “the excessive expectations that had been created about a rapid arrival of European money to the Spanish economy are colliding with bureaucracy and the lack of communication between administrations and companies”. The Ministry of Finance claims that 60.9% of the funds planned for this year have already been authorised – through the Council of Ministers and the different sectoral conferences – and that 25.5% of the … Continue reading European Funds Get Bogged Down in Bureaucracy