Brussels, 01/07/2011 (Agence Europe) - Andris Piebalgs, European Development Commissioner, is of the opinion that the European Commission proposal for the 2014-2020 financial perspectives is being more than generous in its allocation for development spending. It is increasing the funding of external action “both to sustain its valuable action in the fight against poverty and to secure its presence in the world”, he said, adding that this is a “smart investment with a long-term...