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Procurement: January 17, 2001

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The European Union's central accounting office reports that 5.75% of the 1999 budget was wasted through negligence, fraud, or mismanagement. One French senator noted that the amount lost to this cause would have fully paid for the A400M heavy military airlifter program, giving the EU's nascent military force independence from US logistical support.--Stephen V Cole

 

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