Video guest: Josephine Mwangi

October 2017
M T W T F S S
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

Thursday, 05 April 2012

EU tightens international aid

In light of the eurozone crisis, EU members are tightening their fiscal belts, and notably regarding international aid. According to a press release by Concord, the European Confederation of Relief and Development NGO, almost all European countries are making cuts to their aid programmes to the developing world.
As the figures of the OCDE indicate, the EU countries' aid allocation decreased to 0.42 %of gross national income in 2011, from 0.44 % the previous year. Concord stresses that 12 EU countries have shrunk their aid budgets,  most notably Spain (-32.7%) and Greece (-39.3%), with substantial decreases by Belgium as well.  
Despite a degree of understanding given the crisis, there is nothing but criticism. According to Olivier Consolo, director of Concord, urges EU countries not to "turn their backs to the over three billion people living on less than $2.50 a day […] We could see Europe entering an age of aid austerity, pulling back from supporting millions of poor people in developing countries."

Source: Concord/ Publicserviceeurope