Author (Corporate) | European Court of Auditors |
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Publisher | Publications Office of the European Union |
Series Title | ECA Special Reports |
Series Details | 5/2019, Number 5 |
Publication Date | April 2019 |
ISBN | 978-92-847-1804-7 |
EC | QJ-AB-19-003-EN-N |
Content Type | Report |
Summary:In spite of the overall wealth of the European Union, almost one in four Europeans is still at risk of poverty or social exclusion. The fight against poverty and social exclusion is at the heart of the Union’s “Europe 2020” strategy. The Commission devotes €3.8 billion through the Fund for European Aid to the Most Deprived (FEAD) for the period 2014-2020. The FEAD aim is to alleviate the forms of extreme poverty, with the greatest social exclusion impact, such as homelessness, child poverty and food deprivation. We assessed whether the FEAD was designed to be an effective tool to achieve this goal. We found that the FEAD has been well embedded in the social policy framework. Moreover, it contributes to Member States’ approaches in alleviating poverty. It further contains innovative social inclusion measures. However, we found that the Fund remains essentially a food support scheme and does not always target to the most extreme forms of poverty in Member States. Finally, we could not establish its contribution to reducing poverty because of incomplete monitoring.
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Source Link |
Link to Main Source
https://www.eca.europa.eu/en/Pages/DocItem.aspx?did=49411
Alternative sources
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Subject Categories | Economic and Financial Affairs, Employment and Social Affairs |
Subject Tags | Poverty |
International Organisations | European Union [EU] |