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Image header Agence Europe
Europe Daily Bulletin No. 10386
THE DAY IN POLITICS / (eu) eu/foreign affairs

EU needs to increase aid to meet pledges

Brussels, 25/05/2011 (Agence Europe) - With €53.8 billion (0.43% of GNI) paid out in official development aid (ODA) last year, despite the economic and financial crisis of the past few years, the EU has no need to be ashamed of how it has done, in that it has remained the world's largest donor. It has failed, however, to reach the intermediate target it set itself for 2010 of 0.56% collectively and 0.17% for the newer member states. The EU has pledged to increase its aid and encourages...

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