Parliament evaluates development aid cuts at €10 billion

The European Parliament Development committee regretted the cuts to the EU's 2014-2020 budget, estimating them at €10 billion, but admitted that much bigger cuts had been anticipated.

The vote on the overall EU budget for 2014-2020 came a day after the Parliament's development committee agreed to cut the European Development Fund 11%. The EDF provides aid to African, Caribbean and Pacific (ACP) nations.

ESO: Background information: Parliament ready to strike deal on EU budget http://www.europeansources.info/record/parliament-ready-to-strike-deal-on-eu-budget/

ESO: Background information: Europe takes new 'failed states' aid approach in Mali http://www.europeansources.info/record/europe-takes-new-failed-states-aid-approach-in-mali/

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