EAPN Reaction to EU Budget Negotiations – Some light in the tunnel

Brussels, 27 November 2012 – EAPN welcomes President Barroso’s strong defense of the proposed EU Fund for European Aid to the Most Deprived, but also warns the amount suggested will not cover the growing needs. On the cohesion funds and the future of the European Social Fund, the only Fund investing in people rather than in infrastructures, EAPN will continue to run its campaign EU Money for Poverty Reduction Now! calling on Member States to approve  the European Commission’s proposal, the only viable solution in that regard. EAPN also advocates for an end to the austerity approach, which has proven devastating and totally counterproductive.