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Friday, June 1, 2012

No EU cash for undemocratic neighbours

Any fields, Human Rights, Co-op & Development, Local and Regional authorities, Corporations, Development NGOs,

So said the European Parliament in plenary session, while examining the proposed new macro-financial assistance regulation.


This assistance is an emergency financial aid from the EU for cash-strapped neighbours. It has often been granted with little concern for EU values of democracy and human rights. 

Parliament hopes that the regulation will be amended to ensure that countries close to the EU, in practice chiefly in th... Read more

So said the European Parliament in plenary session, while examining the proposed new macro-financial assistance regulation.


This assistance is an emergency financial aid from the EU for cash-strapped neighbours. It has often been granted with little concern for EU values of democracy and human rights. 

Parliament hopes that the regulation will be amended to ensure that countries close to the EU, in practice chiefly in the Balkans and the Eastern Neighbourhood, will be obliged to meet stricter conditions in order to get cash injections.

It wants the European External Action Service (EEAS) to assess the democracy and human rights record of each recipient country, taking into account reports adopted by Parliament.

Following Parliament's indicative vote, MEPs will begin formal negotiations with the Council of the EU (representing national governments), in an effort to reach a final agreement on the proposed amendments to the regulation.  

Source : Press relase from the European Parliament

Picture : European Parliament Hide

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