Annual Report 2011: EU Development policy

In a recent report, the EU shows its efforts in 2010 to provide more and better aid and to deliver it more effectively. “Eradicating poverty remains at the heart of our efforts”, Andris Piebalgs, Development commissioner, says. The Annual Report  2011 is  aimed at  increasing  transparency and demonstrating  that EU aid improves people’s lives across the globe.
The world began a fragile recovery in 2010 from the financial and economic crisis of 2008–2009. Developing countries were hardest hit by the crisis and had little scope to expand their economies. This situation made difficult the chances of reaching the Millennium Development Goals (MDGs) by the agreed 2015 deadline slip.
Last year the EU presented the €1 billion initiative that will focus on progress on the MDGs where it is most urgently needed, such as maternal mortality. According to Piebalgs: “We were at the forefront of fighting hunger and poverty in the aftermath of the recent food and economic crises through the €1 billion food facility”.

Source: European Commission