Brussels, 10/03/2014 (Agence Europe) - EU28 labour ministers gave the go-ahead on Monday 10 March to the launch of a new EU fund for the most deprived (EFMD) for 2014-2020. This is the final stage in the legislative process, coming after the European Parliament endorsing the new fund (see EUROPE 11026).
The budget will remain unchanged, €3.8 billion at current prices, with co-financing rates of 85% and 95%. The EU Council of Ministers explained in a press release: “It is expected that...