In this photo taken Oct. 30, 2012, waves crash against the wall of the recently built and yet to be used Lugar de Baixo Marina in Ponta de Sol, in the Portuguese island of Madeira. The

 

              In this photo taken Oct. 30, 2012, waves crash against the wall of the recently built and yet to be used Lugar de Baixo Marina in Ponta de Sol, in the Portuguese island of Madeira. The
In this photo taken Oct. 30, 2012, waves crash against the wall of the recently built and yet to be used Lugar de Baixo Marina in Ponta de Sol, in the Portuguese island of Madeira. The EU’s aid policy for less well-off parts of the continent, meant to help bridge the wealth gap between rich areas of the bloc and poor, has done much to boost livelihoods. But the bonanza of easy money also bred political vanity projects, bridges to nowhere, lax oversight and widespread corruption, and wiser investments that might sustain long-term growth were often neglected. (AP Photo/Joana Sousa)