Source Pravda.Ru

Switzerland promises to help newest EU members with US$775 million

Switzerland will give the newest EU members a total of 1 billion Swiss francs (US$775 million, Ђ645 million) to help reduce economic and social disparities within Western Europe, the Swiss foreign minister said Monday. Hungary will receive around 130 million Swiss francs (US$100 million; Ђ83.8 million), with the funds set to be distributed from next year.

"This is Switzerland's contribution to diminishing the difference between the new and old members of the European Union, to diminish the economic and social differences," Foreign Minister Micheline Calmy-Rey said after a meeting with her Hungarian counterpart, Ferenc Somogyi.

Switzerland, not an EU member, approved a referendum last month allowing citizens of Hungary and the nine other mostly former communist countries that joined the now 25-member bloc in 2004 to travel and work freely in Switzerland.

On photo: Swiss Foreign Minister Micheline Calmy-Rey.

T.E.

An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building

Another apartment building explodes in Russia. Several people killed

An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building

Another apartment building explodes in Russia. Several people killed
Comments
US Economic War on China
Another apartment building explodes in Russia. Several people killed
Another apartment building explodes in Russia. Several people killed
Another apartment building explodes in Russia. Several people killed
Another apartment building explodes in Russia. Several people killed
The Russians will soon wake up to lose two Kuril Islands to Japan
The Russians will soon wake up to lose two Kuril Islands to Japan
The Russians will soon wake up to lose two Kuril Islands to Japan
Israel Seeks Compensation Related to Stealing Historic Palestine
Israel Seeks Compensation Related to Stealing Historic Palestine
Israel Seeks Compensation Related to Stealing Historic Palestine
Israel Seeks Compensation Related to Stealing Historic Palestine
Israel Seeks Compensation Related to Stealing Historic Palestine
Ukraine's Putschist Regime Planning Belligerent Provocation Along Russia's Border
2019: Multilateralism versus Unipolarism
The Russians will soon wake up to lose two Kuril Islands to Japan
The Russians will soon wake up to lose two Kuril Islands to Japan
US Plotting Coups in Venezuela, Cuba and Nicaragua?
Indian Origin of Egyptian Civilization
Indian Origin of Egyptian Civilization
Permanent US Occupation of Syria Planned