Source Pravda.Ru

Council of Europe and European Commission to give Kaliningrad region grant of EUR 1 million

The Council of Europe and the European Commission are planning to give the Kaliningrad Region EUR 1 million to develop local government, education, social policy and protect human rights. As a Rosbalt correspondent reports, this was announced in Kaliningrad today at a meeting between representatives of the local government and the Council of Europe.

The European guests suggested that projects for the welfare of children should be made a priority in the region. They even named three different objectives: to improve the welfare of those in Children's Homes, to provide counselling for homeless children and to work with juvenile offenders.

These projects are part of a special two-year programme to provide assistance to the Kaliningrad Region which is expected to begin in January 2004.

The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

Putin informed about arrest of US investor Michael Calvey
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