EU Pledges Billions to Fight Malnutrition in Third World
Do they have it to spare?
The European Union will pledge 3.5 billion euros ($4.6 billion) over the next seven years to help combat malnutrition in the developing world, the largest such EU donation to deal with nutrition.
The EU has been increasingly combining its humanitarian and development aid efforts to help countries become better prepared for sudden shocks, for example through health programs that make people less prone to malnutrition.
The funds will be used for both health programs and investment in agriculture, water and education to improve access to healthy foods.
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So where is this money coming from? I thought the EU was broke.