How the Budget Fight Could Hit the EU’s Global Reach
5 Articles
5 Articles
The Global Europe programme, which finances the EU's external action, could lose up to €80 billion if the next EU budget is cut at the behest of "stingy" member states. According to the Commission's internal simulation, a 40 percent cut could result in hundreds of job losses and a significant weakening of the EU's global presence, at a time when the US is leaving a void on the international stage. The scenario is designed to convince member stat…
The possible cuts in EU spending on third-country assistance in the new seven-year budget threaten the dismissal of hundreds of European diplomatic staff, and the European Commission has undertaken internal calculations of the impact of cutting to 40 per cent of external assistance funding, which will result in a massive reduction in jobs in association offices around the world, wrote Policy. The dismissals will affect the offices responsible fo…
Cuts in the EU budget for the global aid program may lead to job cuts
Cuts in the EU budget for the global aid program may lead to job cuts. Politico writes about this, citing sources.Such a scenario could affect the EU's global influence. "However, "such a development is perceived by many as a "horror story", the...
The European Commission had conducted an internal study which had shown that a reduction of Euro80 billion in programme funding in the next seven-year budget would result in massive job losses.
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