EU Investment Body Defends Past Financial Support for Israeli Spyware Firm (euobserver.com)

• EIF defends investment in Paragon Solutions
• Claims investment met criteria at the time
• Surveillance technology controversy
• Growing scrutiny of EU spyware funding

"The European Investment Fund (EIF) has stood by a past investment that indirectly funded Israeli spyware company Paragon Solutions. The EIF insists the investment met all eligibility criteria when it was made. Paragon Solutions is known for developing surveillance technology, which has sparked controversy in the EU. The fund's defense comes amid growing scrutiny over EU financing of spyware firms."