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The trust and influence at stake in proposed EU aid cuts
POLITICO reports an Irish EU Council presidency proposal would cut €38 billion from Global Europe, leaving €177 billion.
TLDR
POLITICO reports that an Irish EU Council presidency proposal would shrink the Global Europe development and external aid budget by roughly 17%, to €177 billion. Carl Skau, acting head of the U.N. World Food Programme, warned that cuts could squander the trust and influence Europe has built as a predictable donor. POLITICO says WFP records show its global funding has fallen 40% over the past two years.
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