Published: Thu, May 18, 2017
Money | By Armando Alvarado

European Union says Philippines declines new EU grants

European Union says Philippines declines new EU grants

The European Union on Wednesday evening, May 17, confirmed that the Philippines has chose to no longer accept new EU grants, pegged at around 250 million euros or P13.85 billion.

Philippine government officials did not immediately comment, with the finance department saying a statement would be issued later on Thursday.

"We are still awaiting more detailed clarification from the government", Jessen said in an email to the AP.

EU Ambassador Franz Jessen said more than 250 million euros ($278.7 million) worth of grants could be at stake.

The Filipino leader has since then threatened to reject European Union grants on several occasion, arguing the bloc is using them to try and influence the country's internal policies.

"The amount possibly concerned by the new decision is 250 million euro plus".

The EU office in the the Philippines has received word from the Palace that the country is no longer interested in any EU grant.

The EU, in any case, is one of the Philippines' biggest donors.

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However, Abella said that it does not mean that the Philippines will also be rejecting aid or grants from other global aid-giving bodies like the United Nations (UN).

It granted the Philippines 130 million euros in development assistance between 2007-2013.

And it appears a recent offer of development cash made by Brussels contained a clause requiring policy commitments from the Philippines that its government felt crossed a red line in terms of impacting on sovereignty.

"We're supposed to be an independent nation", Medialdea responded when asked why the country refused to accept the aid.

"The Duterte administration is just too fanatically engrossed on the war on drugs, hating every institution that questions it", said the Rev. Edwin Gariguez, head of the CBCP-National Secretariat for Social Action.

"... This decision does not mean that we are forsaking the economic ties we have built over the years with the European Union", he added.

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