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Business News/ News / World/  EU announces 700-millionn-euro aid plan for migrant crisis
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EU announces 700-millionn-euro aid plan for migrant crisis

If approved by member states and the European Parliament, EU's plan would amount to the bloc's first distribution of humanitarian cash within Europe

The funds will be allocated over three years, with €300 million in 2016, and €200 million in each of the following years. Photo: AFPPremium
The funds will be allocated over three years, with €300 million in 2016, and €200 million in each of the following years. Photo: AFP

Brussels: The European Union announced on Wednesday unprecedented plans to provide Greece and other member states with €700 million in emergency humanitarian aid to cope with the migrant crisis.

The funds will be allocated over three years, with €300 million in 2016, and €200 million in each of the following years, EU Humanitarian Aid Commissioner Christos Stylianides said.

“No time can be lost in deploying all means possible to prevent humanitarian suffering within our own borders. Today’s proposal will make €700 million ($760 million) available to provide help where it is most needed," Stylianides said in a statement.

If approved by member states and the European Parliament, the plan by the European Commission, the EU’s executive arm, would amount to the bloc’s first distribution of humanitarian cash within Europe rather than outside the bloc.

The aid plan will also be coordinated for the first time with UN and other aid agencies, the Commission said.

He did not say how much will be earmarked for Greece, which has asked for around €480 million ($520 million) to help shelter 100,000 refugees, though he acknowledged Greece earlier as a main concern.

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Published: 02 Mar 2016, 05:55 PM IST
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