A major step was taken in Brussels on 1 December towards the formal creation of the European Fund for Sustainable Development (EFSD) – the EU's new instrument aimed at promoting investment in Africa and in the EU's neighbouring countries in order to stem the flows of migrants from these countries to the EU.
The member states' ambassadors to the EU reached an agreement on Thursday morning on a compromise text from the Slovak Presidency of the Council about the proposal for a regulation on...