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EU ministers set to increase climate risk budget

The European Commission has announced that poor countries around the world should be funded to the tune of $2 million-$15 billion a year to help them combat climate risk. This comes at a time when the European markets and European economies are struggling and many EU members are seeing their national budgets in deficit and national debts continuing to rise. While the figure of up to $15 billion a year is only a fraction of the $100 billion which the UN suggests that poor countries around the world need, it is still yet more funding for EU members to find.

Slowly but surely, it seems as though we are moving towards a super-state within Europe with the European Commission head and shoulders above every member state and every member government. As ever, it seems as though countries such as the UK are expected to dig deep into their pockets which will ultimately place more pressure on UK taxpayers and UK businesses. Many are now questioning exactly what the UK population receive from Europe, in the form of money and assistance, while many of the smaller and weaker states appear to be first in the queue for finance.

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