Found in the April Newsletter of Weitzenegger – Excerpt: … NGOs provide evidence that a total of €12.5 billion of headline EU aid in 2005 did not result in additional money for poverty reduction but was spent on debt cancellation, housing refugees and educating foreign students in European universities …… Last year, European governments made an historic commitment to substantially increase their aid for the poorest countries and agreed to reach the UN target of allocating 0.7% of their Gross National Income (GNI) to fight extreme poverty by 2015.
In their briefing, NGOs praise a few countries like Sweden and Luxembourg for their high aid levels and minimal aid inflation.
However, the majority of member states are boosting their headline aid levels by massaging the figures, the briefing warns. France, Germany and the UK look likely to be the governments with the most inflated aid figures in 2005 with respectively €3.50, €2.96 and €2.26 billion spent on debt cancellation, housing refugees in Europe and educating foreign students in European universities.
NGOs also say that Italy is unlikely to meet agreed aid targets and spends even less on aid than some of the much poorer new EU member states. The charge comes on the eve of the OECD’s Development Assistance Committee (DAC) special meeting in Paris, where official aid figures for 2005 will be discussed … (Read the rest of this article on this OXFAM website).