: :inin Kyiv (EET)

British PM creates fund to curb Russian influence


LONDON – British Prime Minister David Cameron is establishing a fund to help Eastern European states resist pressure from Russia, several media outlets reported on Friday.Sky News said the “Good Governance Fund” would amount to £20 million ($30 million, 28 million euros) in 2015 and 2016.It is “aimed at strengthening democratic institutions in areas that are fearful of Russia’s influence” the broadcaster reported.The fund is based on a Cold War-era programme introduced by former British prime minister Margaret Thatcher, Bloomberg news agency said.Thatcher’s “Know-How Fund” was established in 1989 to develop economies, governance and institutions in countries that had been …read more

Source: AsiaOne

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