January 29, 2013
In this age of austerity, the forces of frugality are powerful; so is the temptation to defend national self-interest. The negotiations on the next 7-year budget of the EU are a case in point. And the biggest casualty of EU financial squabbles may well be humanitarian and development aid.
Given the existing divergence of views between member states, a bit of a battering is still expected at the next EU Summit in February before they find a compromise.
While there is a general agreement that the future EU budget should be a budget for the benefit of European citizens. Yet, it should also provide the Union with the means to live up to its ambitions and commitments as a global player. EU aid is not only morally right; it’s an economically sound investment.
EU humanitarian and development aid is deemed to be one of the most efficient, impactful and transparent sources of funding […]