12-11-2015 13:21 via news.yahoo.com

EU launches $2 bn emergency fund for Africa to combat migration

By Alastair Macdonald VALLETTA (Reuters) - Leaders of the European Union formally launched an emergency trust fund for Africa on Thursday with an initial $2 billion to combat the poverty and conflicts driving migration to Europe. The fund, unveiled at a summit with African leaders in Malta, currently consists largely of 1.8 billion euros ($1.93 billion) put up by the European Commission, the EU executive, from the bloc's central budget. The Commission wants member states to match that, but few h
Read more »