• Costa Rica Real Estate

European Union offers $3.4 billion aid package for Latin America

March 24, 2014

BRUSSELS — The European Union plans to offer Latin America 2.5 billion euros ($3.4 billion) in development aid over the next seven years to fund projects ranging from security to education.

The EU’s Development Commissioner Andris Piebalgs said “this aid package marks a new step in the way we work with Latin America, and sends a very strong signal of our commitment to continuing to support the region’s development efforts.”

A sub-regional program for Central America is also included.

A total of 18 countries are eligible for the funding — Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.

The 2014-2020 funding includes assistance for regional programs and bilateral schemes.

The aid will be focused on security, good governance and accountability, environmental projects and education and training programs for the young. 

Facebook Comments

You may be interested

TBT: An old Costa Rican coffee plantation
Throwback Thursday
50 views
Throwback Thursday
50 views

TBT: An old Costa Rican coffee plantation

Alejandro Zúñiga - August 22, 2019

This early 1900s photo shows a coffee plantation in Costa Rica. The photo was published as part of a 1914…

Authorities seize nearly a ton of marijuana, 100 kg of cocaine
Costa Rica
40 views
Costa Rica
40 views

Authorities seize nearly a ton of marijuana, 100 kg of cocaine

Alejandro Zúñiga - August 21, 2019

Costa Rican authorities confirmed Tuesday that they had seized nearly a metric ton of marijuana and arrested a foreigner near…

Costa Rica’s stricter gun laws pass second debate
Costa Rica
145 views
Costa Rica
145 views

Costa Rica’s stricter gun laws pass second debate

Alejandro Zúñiga - August 21, 2019

The Legislative Assembly approved in a second debate a reform to Costa Rica's gun laws which will impose stricter limits…

Do NOT follow this link or you will be banned from the site!