Civil society groups have criticized the European Union’s 10-year plan to combat poverty in the bloc, saying the strategy lacks substance. The plan will coordinate various national poverty reduction plans across the bloc.

    “Given the reality of the austerity measures taken in most member states, which impact on people living in poverty and exclusion the most, urgent actions will be needed if the good intentions and commitments in the platform are to be convincing,” Ludo Horemans, president of the European Anti-Poverty Network, was quoted by EUobserver as saying.

    Meanwhile, the bloc has also agreed to establish a permanent funding mechanism to assist cash-strapped European nations. Details of the new fund, including its amount, will be fleshed out in the coming months, Voice of America reports.

    About the author

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      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.