In addition to the money promised by the EU, another group of donors is promising 10 billion more for Syrian migrants.
The answer is simple and clear: issuing more debt. As we explained in a previous article, 99% of the countries of the world finance their operations with debt or credit.
We must remember, as noted in a preceding article, that it is the excess of credit or debt, the one responsible for the current poor global economic situation.
Governments of all sizes and ideologies long ago adopted an economic model of underdevelopment that condemns its citizens to be enslaved for generations to pay just the interest on the debt created in their name.
Even those who are not yet born already have a percentage of the debt on their shoulders, and will have to work their whole lives, like their ancestors, to pay a debt that was acquired without their consent and that is impossible to pay.
Despite this clear reality, countries in the European Union reached an agreement on how to share the funding of 3 billion euros promised to Turkey to allegedly help care for refugees from the Middle East, which the country says it is hosting in its territory and thus is preventing them from reaching EU borders.
Under the agreement, to which Italy has been added recently, the EU budget will cover 1 billion euros and the remaining 2 billion will come from the coffers of the other indebted twenty-eight. How much money each member provides will depend on their proportion of the Gross Domestic Product (GDP ) of the Union.
The European Commission (EC) noted in a separate statement that it has agreed to increase its contribution to 1 billion euros compared to the 500 million it had initially promised, so that the burden that will fall on the countries will be smaller. This position is, of course, preposterous, as all monies appropriated by the EU comes from its member-states.
Spain is the fifth largest contributor to the so-called migrant relief fund with 152.8 million euros. Larger contributors include Germany with 427.5 million, the United Kingdom, which is not even a full member of the EU, with 327.6 million, France with 309.2 million and Italy with 224.9 million.
The agreement “will allow the EU to provide additional humanitarian aid to refugees in Turkey and their host communities” from this year, the Council said, adding that the assistance will focus mainly on addressing the “immediate needs” of these people, such as food, health services and education.
“We continually work to stem the flow of immigrants to Europe. The agreements between the EU and Turkey are a vital part of this,” said Dutch Prime Minister, Mark Rutte, whose country chairs the Council this semester.
He said the goal is to “deal with the traffickers and promote projects that help give hope for a better life to refugee camps and surrounding areas.” Rutte said the EU will continue to work with Turkey so that this sum of money “achieves concrete results.”
The agreement allows the implementation of the commitment made by the leaders of the EU and Turkey in a summit last November 29, in which the Europeans pledged 3 billion euros to Ankara. The money would be invested in a better humanitarian assistance for refugees and host communities.
The Council stated that this financial tool will include a framework of “management and conditionality”, and respect for which is “an essential element” for the implementation of assistance projects.
Under the agreement, the contributions of member states could be “adjusted downwards” in 2017 “according to the final contribution from the EU budget” without prejudice to the total amount planned for Turkey or to the prerogatives of the budgetary authority.
In addition, national contributions to this fund “will not be taken into account” for the calculation of the deficit of a Member State within the stability and growth pact, which among other things requires that the deficit of a country does not exceed 3% of GDP.
The First Vice President of the EC, Frans Timmermans, said that this step “will help give a better perspective to the Syrians in Turkey”. He welcomed the steps already taken by the Turkish authorities to give them access to the labor market and to “reduce flows” .
European Commissioner for Neighbourhood and Enlargement Negotiations, Johannes Hahn, said that “improving their living conditions and providing a positive outlook” in Turkey will allow refugees “be closer to their homes.”
A committee created to coordinate the fund is composed of representatives of the Member States, the EC and Turkey. This organ will give guidelines and decide what type of action the money will be spent on and which financial instruments will be used.
10 billion more for Syrian migrants
Representatives from 70 countries met in London at the international donors’ conference in order to raise some 8,118 million euros to help Syrian refugees and the countries of the region that host them.
They promised this money just a day after an abrupt pause was announced in the Syrian peace talks that were taking place in Geneva, and also as the European Union agreed to give Turkey 3 billion euros to contain the flow of refugees.
At the conference attendees committed to raising “more than 10,000 million dollars to help the Syrian people” and refugees. The European Union has committed itself to 3 billion, a figure three times higher than that given in a previous meeting held in March in Kuwait. The UK, meanwhile, will give 3,250 million euros over the next four years, Germany, another 2300 by 2018, the United States 832 million at first and later an additional 600 million dollars.
During his speech, German Chancellor, Angela Merkel stressed that the catastrophe in Syria must end and expressed her hope that the London conference will serve to bring hope to people who have suffered from the conflict. It has also called on the international community to “act now.”
It is valid to remember that while Merkel calls on the international community, her and her European partners, along with the US, Turkey and Saudi Arabia are the ones responsible for the conflict itself. It is their financial and arming of terrorist organizations and their affiliated groups in Iraq, Afghanistan and Syria which has fueled the military conflict in the region.