EU to spend billions more on Arab revolutions

The European Commission issued on the 7 December 2011 the draft legal proposals to implement the Multiannual Financial Framework, 2014-2020, in the area of external action.

The package covers the full range of external support under the EU budget and includes: A Joint Communication to the European Parliament and the Council: 'Global Europe' and the legislative proposals for nine geographic and thematic instruments accompanied by a common implementing regulation.

The range of instruments will support developing countries as well as countries in the European neighbourhood and those that are preparing accession into the EU.

The European Union would stop all bilateral aid payments to China, India, Brazil and other fast-growing economies as a result of the review into development spending.

• Primary Source

European Commission: RAPID: Press Release, IP/11/1510: Strengthening Europe's place in the world: An external budget for 2014-2020 to respect EU commitments and promote shared values http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/1510&format=PDF&aged=0&language=EN&guiLanguage=en

ESO: Background information: Multiannual Financial Framework 2014-2020 http://www.europeansources.info/record/multiannual-financial-framework-2014-2020/

European Commission: Memo/11/886: Statement by EU Commissioner for Development Andris Piebalgs on the budget proposals for EU external instruments from 2014-2020 http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/886&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: Memo/11/885: Statement by EU Commissioner for Enlargement and Neighbourhood Policy Štefan Füle on the budget proposals for EU external instruments from 2014-2020 http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/885&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: Memo/11/878: The Multiannual Financial Framework: The Proposals on External Action Instruments http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/878&format=HTML&aged=0&language=EN&guiLanguage=en

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