European Commission Slaps Greece with Nearly €400 Million Fine Over Agricultural Subsidy Fraud
Agricultura
The European Commission has imposed a fine of nearly €400 million on Greece over a major scandal involving the mismanagement of EU agricultural subsidies between 2016 and 2023. The total penalty reaches around €1.1 billion and stems from significant shortcomings in the oversight by the Greek Organization for Payments and Control of Community Subsidies (OPEKEPE), which was dissolved at the end of May following revelations about misuse of funds linked to fictitious pastures and sham agricultural
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