Brussels, 15/12/2014 (Agence Europe) - The European Commission and Italy signed the constitutive agreement on Monday 15 December launching the first ever EU Regional Trust Fund, “a new strategic financing tool to mobilise more aid in response to the Syrian crisis”, the Commission has announced. The start-up funding provided amounts to €20 million from the EU budget and €3 million from Italy as the first founding donor. Additional funding is expected in 2015.
The fund will initially...