ODI Logo ODI

Trending

Our Programmes

Search

Newsletter

Sign up to our newsletter.

Follow ODI

EU Budget must avoid 'senseless and unsustainable' agreement

Written by Mikaela Gavas

Press Release

Speaking ahead of the upcoming EU budget negotiations ODI Research Associate Mikaela Gavas said:

“If EU leaders were serious about getting value for money they would rethink the current proposals which disproportionately cut spending on aid.

ODI research shows a positive return on investment for the EU economy of 20% by 2020 from EU spending on development aid and yet leaders continue to protect the Common Agricultural Policy at its expense, despite the fact it represents less of a return for taxpayers.

Everybody accepts the need to balance the books but people are less likely to accept an agreement that is senseless and unsustainable.”