The European Council has today adopted a regulation on the Fund for the most deprived with a view to helping EU’s poorest citizens. The budget for the Fund for European Aid to the Most Deprived (FEAD) is €3.5 billion for the period between 2014-2020.
The Fund will promote social cohesion by contributing towards achieving the EU2020 poverty reduction headline target. More specifically, it will try to alleviate the worst forms of poverty by providing non-financial assistance to the most deprive...
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