A day after the European Union waved goodbye to Britain, some of Europe's p...
LISBON - A day after the European Union waved goodbye to Britain, some of Europe’s poorest nations urged the bloc’s leaders not to implement a “sharp and disproportional” cut to their aid money in the next long-term budget.
But various proposals by the so-called “frugal” countries, including paymaster Germany in September, seek to reduce the size of the cohesion funds and attach conditions which would predetermine areas where investments should go. Leaders of affected nations gathered for the Friends of Cohesion summit in the Portuguese city of Beja on Saturday and in a joint declaration said funding for 2021-2027 “should maintain the level” of the previous budget.
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