Greece, it turns out, has only used a quarter of its EU funds for 2007-2013.
The Commission later makes recommendations and can withhold some EU funds if governments accumulate too much debt.
The southern bloc - and eastern Europe - still look to the EU funds to boost jobs and growth.
What Spain really wants is for the eurozone to agree to banks being able to borrow directly from EU funds.
According to Trigo da Roza, ABPA has a co-investment agreement through a Portuguese government program (Compete) that uses EU funds.
The Irish government insists a "yes" vote is essential if Ireland needs to draw on EU funds in the future.
In 2007, GDP grew an estimated 6.5%, based on rising private consumption, a jump in corporate investment, and EU funds inflows.
The industry argued non-EU funds simply would not bother to carry on business in the UK if the rules were too restrictive.
Germany has been criticised for proposing punitive governance in the euro zone that could see rule-breaking countries lose EU funds or voting rights.
The plan proposes that European officials and diplomats should be involved in monitoring implementation of laws, managing EU funds and supervising courts, prosecutors and investigators.
She will be prepared to see EU funds diverted to major infrastructure projects and to see the capital base of the European Investment Bank expanded.
The EU funds projects to promote regional minority languages, such as the European minority language song contest , and participation at the UN forum on minorities.
There is talk of near-automatic sanctions on countries that break the euro's rules, such as cancelling offenders' voting rights, withholding EU funds or even suspending euro membership.
The Commission has its allies - mainly those countries from Eastern and Central Europe, led by Poland, which benefit from the EU funds to help poorer regions.
If the Welsh government does not meet the stringent requirements set by the European Commission for the effective management of the EU funds it will be penalised financially.
The European Commission this week offered some ideas, from more intrusive and early collective monitoring of national budgets to an incentive system where profligacy is punished by withholding EU funds.
When the Commission believes a member state has failed to account properly for EU funds it can impose a "correction" on that state - it is a demand to reimburse the Commission.
Key tasks for the next government include negotiating EU funds for the next seven years, drafting the 2014 budget and trying to address popular anger over poor living conditions and high power prices.
In support of these remarks, the Minister of Culture Bogdan Zdrojewski highlighted the deep investments made in the country, with the support of EU funds to modernize Poland's cultural infrastructure and build museums, theaters, concert halls and art schools.
Although Greek election laws forbid polls within two weeks of election day making predictions difficult, who ever wins will find it difficult to keep the country in a place where the kind of EU funds necessary to kick-start the Helios project would be even possible.
Mr Sarris is expecting "some bleeding, some outflow" of funds once the banks reopen, but believes that once EU bailout funds begin flowing "in a matter of weeks", confidence will return.
Since 2004, EU membership and access to EU structural funds have provided a major boost to the economy.
First Minister Peter Robinson has welcomed indications that further EU peace funds seem likely to be made available to Northern Ireland.
Mr Blair is expected to try to secure their approval by lowering the level of matching grants they must supply to qualify for EU structural funds.
The EU Economic and Monetary Affairs Commissioner, Olli Rehn, has already warned that Hungary could face a suspension of EU cohesion funds - support for regional projects.
The auditors say the European Commission, which allocates EU budget funds, should ensure that such projects undergo a thorough needs assessment first, and that proper monitoring for cost-effectiveness is done.
In the EU he wants common European project bonds to finance infrastructure, a capital injection for the European Investment Bank (EIB) and a redirection of EU regional funds towards jobs.
In the second session MSPs quizzed Dr Jeff Howarth from the University of Highlands and Islands, Graeme Hyslop from Langside College and Derek Banks from Coatbridge College on EU Structural Funds.
In the Court's annual verdict, significant errors were highlighted in the area of EU spending and management of funds, particularly in aid for the EU's poorer regions.
Funds would not just have to satisfy the EU about the quality of their home regimes in areas such as money-laundering and tax, but their home supervisors would also have to ensure that funds comply with EU rules.
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