Commission approves € 230 million to cushion the impact of the economic crisis in 13 African and Caribbean countries

Commission approves € 230 million to cushion the impact of the economic crisis in 13 African and Caribbean countries

Thursday, 1 January, 2009

European Commission approved the first financing decisions in favour of eleven African and two Caribbean countries for a total of € 230 million, including € 215 million under the so-called Vulnerability FLEX mechanism (VFLEX).