France’s EU spending spree

(BBC): France’s six-month presidency of the EU in 2008 was one of the most expensive in history, costing about one million euros (£907,000) daily, officials say. The French Court of Accounts put the total cost of the July-December 2008 presidency at 171m euros. Usually the rotating presidency of the EU costs 70-80m euros. Only Germany has previously spent as much on it as France. The Union of the Mediterranean summit in Paris alone cost 16.6m euros.  “The scale of this summit, the irregular nature of its procedures and its massive impact on public finances together make this summit a kind of record," the court report said.

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