Friday, November 19, 2010

EU demands Italy repay Elton John concert costs

My Way News - EU demands Italy repay Elton John concert costs
"The European Union said Friday it has ordered Italy to repay almost $1 million in EU money that was used to pay Elton John for a concert in Naples last year.
Italy used euro720,000 ($983,000) in EU money - typically used for investment projects in poorer EU countries - for the British singer's performance fee.
The European Commission said that was inappropriate.
National authorities have much leeway in using EU funding.
But to qualify for EU money, cultural projects must be long-term events such as art exhibits, building cultural centers or restoring old buildings."

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