PORT OF SPAIN, Trinidad - Despite the economic difficulties in the Eurozone area, the European Union (EU) will continue to fund projects in the Caribbean, Christian Leffler, Director of Latin America Section in the European External Action Service said yesterday.
“We will continue to co-operate with all our partners throughout the Caribbean and the African Caribbean and Pacific (ACP) world. Within the current economic context in Europe, where there is a pretty severe recession throughout the continent and economic challenges, particularly in member states, there is strong pressure on EU institutions to cut back on the budget overall.
“One thing that has been clear form the start of the discussion is that there is a broadly shared feeling within the EU that we must continue to rise to the challenges of international development and we should stay true to our commitment to work with our partners in the ACP world and elsewhere around the world. Funding levels will remain high and ambitious, how ambitious I do not know yet,” he said.