EU approves EUR 264 million to help 19 African, Caribbean and Pacific States face the consequences of the economic crisis

2 September 2010, Brussels - The European Commission approved the first financing decisions under the EUR 264 million 2010 allocation for the so-called Vulnerability FLEX mechanism to help the most vulnerable African, Caribbean and Pacific (ACP) countries cope with the impact of the global financial crisis and economic downturn. The V-FLEX mechanism is a short-term instrument which provided for EUR 500 million over two years (2009-2010).

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• 2 September 2010
  • EU approves EUR 264 million to help 19 African, Caribbean and Pacific States face the consequences of the economic crisis
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• 31 August 2010
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• 27 August 2010
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