Kartamyshev Vytaliy – Governance Policy Officer, Oxfam International in the Russian Federation

The article analyses the European Union development policy over the past decade. It highlights Europe’s leadership role in providing multidimensional, high quality and predictable aid focused on poverty eradication and achievement of Millennium Development Goals by the recipient countries. Various aspects of EU’s development policy are considered: ODA (Official Development Assistance), budget support, Aid for Trade, etc. It also identifies challenges for the EU to continue playing this crucial role in the current unfavourable economic environment and offers some recommendations on improved implementation of development policy.