EU cash could stop flowing

Jun 04, 2008
By Marge Tubalkain-Trell

TALLINN  - The government has admitted that it has no contingency plan to deal with a situation where money from the European Union stops coming in. After 2014, the European Union might give less money to Estonia from the Cohesion Fund, because Estonia has become too rich. The Cohesion Fund was set up essentially for those countries, whose gross national product is less than 75 percent of the European average although those at 90 percent of average will still get a reduced amount. Acco ...





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