Financial Times: the Eu would transfer tens of billions of euros from Eastern Europe to the southern member states

The European Union would transfer tens of billions of euros from the Central and Eastern European member states to the severely troubled southern Member States, including Spain and Greece, in the next fiscal period – Financial Times announced on Monday.

According to the economic newspaper, Brussels wants to put an end to the practice in the fiscal period 2021-2027 that almost exclusively determines the distribution of development resources among the member states on the basis of the per capita gross domestic product (GDP). (MTI)