By Elias Hazou
Despite the credit crunch, taxpayers are still footing the bill for projects that have yet to get off the ground, or for wasteful public organizations.
The National Health System (NHS) is one such venture that is a project on paper only. But so far €24m has been spent on the Health Insurance Organisation (HIO), the vehicle set up with the mission to implement the scheme. The NHS was supposed to be up and running by 2008; the date was later pushed back to 2012 and then again to 2015.