EU leaders take hours rather than days to re-elect Ursula von der Leyen as European Commission president
Urpilainen, a former deputy prime minister of Finland and previous leader of the Social Democratic Party of Finland, said China and Russia had pushed to exert more influence in Africa in recent years. “There are several African countries where over a majority of their revenues actually goes to debt servicing, and mostly to China,” she said. Russia had been “very active” in pushing propaganda in Africa, Latin America and Asia, she said.
The EU’s approach had been to set aside public funding for aid, but also guarantee loans European companies drew down to invest in developing countries, she said. “Our partners in Africa want private investment because they want to boost their economy, they want to have growth, they want to have more jobs for their young people,” said Urpilainen.
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Source: IrishTimes - 🏆 3. / 98 Read more »