| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/11/410 (06.4.11) |
| Publication Date | 06/04/2011 |
| Content Type | News |
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The Commissioner for Development Andris Piebalgs has presented the 2010 preliminary figures on official development aid spent by the EU and its 27 Member States. Aid rose by about €4.5 billion from 2009, reaching a total of €53.8 billion, which confirms the EU's position as the largest and most generous donor of official development assistance, providing more than half of global official aid. Although the EU missed its target for 2010, it still made positive progress despite the economic downturn. Three of the five largest donors worldwide are EU members and four of them have already reached the 0.7% target. Overall, EU aid represents 0.43% of EU Gross National Income. A substantial collective effort is still needed in order to achieve the goal of 0.7% by 2015, to which Member States have been committed. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/410&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Politics and International Relations |
| Countries / Regions | Europe |