EU confirmed its position as the world's leading donor in 2008

The newly published 2009 annual report on the European Community’s development and external assistance policies and their implementation in 2008 shows that the European Union continues to be the world’s leading development aid donor, accounting for 60% of world aid in 2008. The Commission alone committed EUR 12 billion, more than a fifth of the… Continue reading EU confirmed its position as the world's leading donor in 2008

European Commission adopts communication on Fair Trade

The European Commission has adopted a communication on the role of Fair Trade and non-governmental trade-related sustainability assurance schemes. The communication recognises the significant development of the Fair Trade movement and the significance of a European market now worth EUR 1.5 billion per year. The communication also lays out new policy areas where Fair Trade… Continue reading European Commission adopts communication on Fair Trade

A comprehensive plan to drive Europe's recovery from the current economic crisis

The European Commission presented a Recovery Plan based on short-term measures to boost demand, save jobs and help restore confidence, and also on ”smart investment” to yield higher growth and sustainable prosperity in the longer-term. The Plan calls for a timely, targeted and temporary fiscal stimulus in 2009-2010 of EUR 200bn, or 1.5% of EU… Continue reading A comprehensive plan to drive Europe's recovery from the current economic crisis