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Funny business as usual in the Czech Republic – one of the biggest fines in EU funds history handed out to Prague metro project

November 13, 2013

The manipulation of a tender for a metro line extension in Prague – financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB’s ability to identify and avoid mismanagement in the infrastructure projects it finances.

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