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bsop devry uni 330 homework - Objections from Italy on...

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Objections from Italy on Friday held up a final agreement by European Union finance ministers on how to come up with €3 billion ($3.3 billion) the bloc has promised to Turkey to help stem the flow of refugees into the EU. Italian Finance Minister Pier Carlo Padoan said all of the €3 billion should come from the EU budget, rather than national governments having to put up funds, too. Under the current plan, €1 billion would come from the EU budget, while governments would have to pay for the remaining €2 billion. “We think there is still space in the budget as it stands now…so that those 3 billion [euros] are fully covered by the budget,” Mr. Padoan said. Italy also wants more information on how the money would be used, he added. Jean-Claude Juncker, the president of the European Commission, attacked Italy’s move to hold up the payment, which is meant to help improve living conditions for refugees within Turkey.
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