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Europe Daily Bulletin No. 8953

25 May 2005
Contents Publication in full By article 17 / 37
GENERAL NEWS / (eu) eu/development
Unanimous and unexpected Council agreement on ambitious objective for increase in ODA in 2010, to reach 0.7% of GDP in 2015 - Victory for Presidency and Commission

Brussels, 24/05/2005 (Agence Europe) - Against all expectations, the development ministers of the EU managed, individually and collectively, to reach agreement in Brussels on Tuesday on a substantial increase in their official development aid (ODA) by 2010, as a new interim stage on the way to 0.7% of Community GDP by 2015. This new commitment, which spreads the efforts equally whilst taking account of the specific nature of the new Member States, which are newcomers to ODA, is equivalent to...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS