Malta risked losing €200 million in EU funds
Junior minister Ian Borg says upon taking office in March he discovered that Malta was at the risk of losing up to €200 million in EU funds.
Among the problems inherited by the Labour government, junior minister for EU funds, Ian Borg, faced the possibility of losing €200 million in EU funds.
Speaking to Sunday newspaper Illum, Borg explained: "There was a huge difference between the picture painted by the previous administration and reality."
He added that upon taking office he discovered that 50 projects were well behind schedule and Malta faced the possibility of losing €200 million in EU funds up to the end of the year.
The Employment and Training Corporation's sluggishness in issuing payments was among the reasons why Malta faced this risk, Borg said.
"Some beneficiaries have been waiting for their payment related to training programmes for more than three years," Borg added.
Read the full interview in today's edition of Illum