Ankara downplays EU budget cut for Turkey

The government has sought to downplay European Union funding cuts for Turkey over doubts about Ankara’s commitment to democracy and human rights.


On Nov. 17, MEPs and member states agreed to reduce “pre-ascension funds” by 105 million euros ($124 million), while freezing an additional 70 million euros of previously announced spending.

Deputy Prime Minister Mehmet Şimşek said the 105 million-euro cut is “nothing” economically for Turkey, which uses 178 billion euros in external financing on an annual basis.
 [hurriyetdailynews.com]
 19/11/17