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Anti-Graft Crusader Takes Aim at EU’s $73 Billion Fraud Problem

  • Romania’s Kovesi to lead new EU-wide prosecutors office
  • Plans include speeding cases targeting EU budget embezzlement
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In her homeland of Romania, Laura Codruta Kovesi ignited an unprecedented anti-corruption drive that landed the country’s most powerful politician behind bars.

As Kovesi gears up to head the first European Union-wide prosecutors office, she’s looking to repeat her domestic success by targeting as much as 60 billion euros ($73 billion) that she estimates the bloc’s budget loses each year to fraud.