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EU external action budget: European Commission welcomes the final adoption of the EU's new long-term external action budget for 2021-2027
Debates on the conditionality of EU funds have risen up the EU agenda and will not go away anytime soon. The issue has come to the forefront because of new rules for allocating funds within the EU, which also have important implications for the union’s external aid amid a growing trend of authoritarianism around the world. The reforms the EU is making to ensure that internally disbursed EU funds do not bankroll democratic backsliding in member states should inform Brussels’ diplomatic agenda too. Its current funding of various authoritarian-leaning regimes overseas sits uneasily with the ...
Modern Diplomacy Published 1 month ago Mozambique’s economy is expected to gradually recover from 2021 but substantial downside risks remain due to uncertainty surrounding the path of the COVID-19 (coronavirus) pandemic. While the economy registered its first contraction in 2020 in nearly three decades, growth is expected to rebound over the medium-term, reaching about 4 percent by 2022. Released today, the 6 Setting the Stage for Recovery, notes that the COVID-19 (coronavirus) pandemic has hit Mozambique’s economy as it was recovering from the debt crisis and the tropical cyclones of 20...
The EU is changing its internal rules for allocating funds to avoid bankrolling authoritarianism. It should do the same for its external aid.
European Commission, President Ursula von der Leyen, has announced €100 million in humanitarian assistance to support the rollout of vaccination campaigns in Africa, which are spearheaded by the Africa Centres for Disease Control and Prevention (Africa CDC). Subject to the agreement of the budgetary authority, this funding will support the vaccination campaigns in countries with […]