EU budget lost nearly billion dollars to fraud last year

BRUSSELS (Reuters) - Nearly $1 billion of European Union funds were given out to fraudulent claimants last year, with the biggest concentrations of suspected false claims in Romania, Bulgaria and Hungary, data from EU investigators shows.

from Reuters: Top News http://uk.reuters.com/article/uk-eu-fraud-idUKKCN0YM0QG?feedType=RSS&feedName=topNews