BEAMSTART Logo

'EU is failing to dissuade African migrants despite spending billions'

Business Standard LogoBusiness Standard1d ago

'EU is failing to dissuade African migrants despite spending billions' - Business Standard

Quick Summary:

The findings come in a European Court of Auditors report into the bloc's Emergency Trust Fund for Africa, a multi-billion-euro program hastily set up in 2015 after more than 1 million migrants arrived on Europe's shores, many of them fleeing war in Syria, overwhelming services in Italy and Greece.

The European Union is failing to draw important lessons on how to discourage migrants from Africa leaving for Europe without authorization and could do more to limit abuses against people trying to make the journey, the EU's financial watchdog warned on Wednesday.

It was meant to help tackle the root causes of migration in Africa, like poverty, conflict or unemployment.At first, 1.8 billion euros ($2 billion) was available to distribute on hundreds of projects, but that amount has swelled to about 5 billion euros ($5.6 billion) today.


More Pictures

'EU is failing to dissuade African migrants despite spending billions' - Business Standard (Picture 1)

or

Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 22:26:46 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 735 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22708643

View Article Analysis

About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 260 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "'EU is failing to dissuade African migrants despite spending billions'" has 735 words across 30 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "'EU is failing to dissuade African migrants despite spending billions'" was covered 1 days ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 260 news stories per day.

It's most recent story was published 2 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22708643
  • URL: https://beamstart.com/news/eu-is-failing-to-dissuade-17272842318639

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.