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Europe Daily Bulletin No. 10041

16 December 2009
Contents Publication in full By article 15 / 34
GENERAL NEWS / (eu) eu/development
Commission earmarks €230 million to cushion impact of economic crisis in 13 African and Caribbean countries

Brussels, 15/12/2009 (Agence Europe) - On Tuesday 15 December 2009, the European Commission approved the first financing decisions in favour of eleven African and two Caribbean countries for a total of € 230 million, including € 215 million under the Vulnerability FLEX mechanism (V-FLEX). This is the first package of financing decisions under the €500 million V-FLEX mechanism adopted in August 2009 as a response to the economic crisis for African, Caribbean and Pacific Countries (ACP)....

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