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Image header Agence Europe
Europe Daily Bulletin No. 8948
Contents Publication in full By article 11 / 32
GENERAL NEWS / (eu) eu/ecofin

Towards agreement on intermediary development aid objectives - preference for modest and non-binding contribution based on air tickets rather than on kerosene taxation

Luxembourg, 17/05/2005 (Agence Europe) - The EU finance ministers have not yet all subscribed to the new intermediary official development aid (ODA) objectives, but have moved on to an additional method of aid financing, with a contribution from air passengers. During the informal session of the Ecofin Council in Luxembourg, the ministers also called for a pilot version of the International Financing Facility (IFF) to be implemented, devoted to vaccination. The technical and operational...

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