1 Development

Cooperation: the European Union is out of step, Spain is out of control

By Julia Pastor, in Madrid | The European Union disbursed €52.97 billion on Official Development Aid (ODA) in 2011, which was €490 million less than the previous year, as well as €15.4 billion less than the amount that could be invested if member States would have remained faithful to their commitment of devoting 0.7% of their Gross National Income (GNI) to these matters by 2015. Instead, most of the EU…