€272.75 million from EU funds to promote regional cooperation in the Western Balkans

A series of measures to promote regional cooperation between Western Balkan countries totalling €272.75 million for the period 2012-2013 were finalised by the European Commission. This European institution highlighted that the funds will support among others cooperation with international financial institutions to mobilise funding and help develop civil society.

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MEPs proposed to fund the cleaner scrapping of old ships by a recycling levy

Environment Committee at the European Parliament approved a draft legislation that includes an EU fund to be financed by levies on all ships visiting EU ports, that would make scrapping ships in EU-approved facilities competitive. MEPs proposed that the scheme will be funded by a recycling levy, in line with the "polluter pays" principle.

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€48 million, the second part of the 2013 assistance package for Palestine, adopted by the EU

In order to ensure that critical support to the Palestinian Authority (PA) and United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) for the provision of vital services in the area of health, education and social services to the Palestinian people is not interrupted, the European Union has adopted the second part of its 2013 assistance package for Palestine.

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Commission presented a proposal for financial discipline to ensure that CAP spending remains within budget limits

The European Commission has tabled a proposal for "Financial Discipline" to ensure that spending remains within budget limits. The proposal aims to introduce a linear cut in CAP Direct Payments in order to ensure that the ceiling for the CAP's first pillar in the forthcoming year is respected.

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The Commission will monitor closely the imposed restrictive measures on capital movements in Cyprus

The European Commission reminded in a statement made on 28 March that an exception to the principle of the free movement of capital must be interpreted very strictly and be non-discriminatory, suitable, proportionate and applied for the shortest possible period. This statement was made in the light of the capital controls imposed by the Republic of Cyprus that will remain in force for 7 days.

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