11 minutes agoThe EU's cruel to the poor: Taking 50 percent of the money under the new 7-year budget
Periskopi(6 years ago)
(6 years ago)The European Commission is accused of seeking to cut Europe's poorest funds by 50 per cent in order to preserve money for the post- Brexit period and raise funds for defence projects. Jacques Vandenschrik [Jasques Vandenschrik], president of Europe's Food Banking Federation, said the EU's proposal on plans [...]
Jacques Vandenschrik [Jasques Vandenschrik], president of Europe's Food Banking Federation, said the EU's proposal on spending plans for the next seven years posed danger not only to the most vulnerable but also to broad social stability.
EU institutions are finally trying to establish the bloc's long-term budget, also known as multi-year-old financial structure [ MFF. The U.K. removal will leave a huge hole in the budget, writes The Guardian, following Periscope.
Senior EU officials have described negotiations on the commission's proposal as the most difficult ever.
The current budget ending in 2020 is 3.8 billion, which is offered to poor countries for basic foods.
Under the proposed budget 2021-2027, the budget will be 2 billion. The Commission has added that it hopes member states will accommodate more than that, but has not established any obligation to the issue. /Periscope
