Home > Europe, Global Finance, History, Indian Economy, Politics, USA, World Economy > EU restores diplomatic ties with Cuba.

EU restores diplomatic ties with Cuba.

BBC NEWS | Americas | EU formally renews ties with Cuba

European Commissioner Louis Michel said the accord he signed with Cuban Foreign Minister Felipe Perez Roque was “a turning point for EU-Cuban relations”.

Mr Perez Roque welcomed its respect for the island’s political independence.

It will now receive 2m euros ($2.6m) of emergency hurricane recovery aid, with 30m euros ($38.9m) available next year.

An EU delegation will return to Cuba in November to determine the needs and priorities for the financing to be made available in 2009.

Another dot …

Is this another step in the European offensive to take advantage of the current US financial crisis – to gain alliances or neutrality from anti-US countries. The crisis at home in Europe is bad enough – and they have time to give aid to Cuba.

Tell me another story!


The 2ndlook model for a Third currency Bloc is ready. Join in to review, participate, critique and develop the First Cut. While the need for a new global reserve currency has been evident, there is very little in the public sphere. The speed of events has clearly caught the BRICS and Third World napping – and unprepared. But, not 2ndlook – who, from the very beginning, proposed that the world should stop clinging to the Dollar-Euro skirts.

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