David Cameron announced plans on Thursday for the UK to spend £20 million to help former Soviet states develop market economies and counter Russian influence in the region. Around £5 million has already been spent on helping the government in Ukraine to support civil institutions under the programme, but it is now getting a £15 million boost to help “support democracy” in Moldova, Georgia, Bosnia-Herzegovina and Serbia, according to Bloomberg. The “Good Governance Fund” is closely modelled on a similar programme launched by Margaret Thatcher in the 1980s, following the collapse of the Soviet Union. Thatcher’s Know-How Fund targeted Poland, …read more
Source: Business Insider
