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EU Aid to Turkey Grows to 2 Billion in 2007 |
2 November 2004As Turkey begins membership negotiations with the European Union (EU), the amount of aid earmarked for Turkey will increase. Turkey will receive 300 million euros in aid from the EU in 2005.
The amount will increase to one billion euros in 2006 as adaptation projects accelerate. By 2007, the amount will have grown to two billion euros as adaptation efforts necessitate. Officials say the number of subcommittees will be increased once a negotiation date is received from the EU and the number of meetings held by these committees will increase as well. Officials also say that at the end of committee meetings, the number of foundations in Turkey related to the EU will increase, thereby increasing EU donations.
2 November 2004, News Agencies
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2 November 2004
Economy
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