Friday 1 August 2014
British taxpayers help fund £20billion EU handout to struggling Portugal
‘Fury erupted today after the EU gifted cash-strapped Portugal a £20 billion handout to help boost its crumbling economy.
Most of the money will be spent on training and education in a bid to cut rampant unemployment and revive Portuguese economic fortunes by the end of the decade.
Critics warned it means British taxpayers’ will be effectively forking out up to £2.7 billion over the next seven years to help prop up one of Europe’s basket case nations.’
