Bank Of Baku

European Union to allocate 670 mln euros for Georgia

European Union to allocate 670 mln euros for Georgia
# 16 October 2012 13:33 (UTC +04:00)
Baku – APA. The European Union (EU) has decided to allocate € 670 mln for Georgia, said head of EU delegation to Georgia, Ambassador Philip Dimitrov, APA reports quoting Georgian news agencies. He said that some of the funds will be spent on the state budget and others on the implementation of new projects.

The ambassador said that the exact cooperation plan on the EU-Georgia cooperation for 2014-2020 is being developed. He expressed his confidence that a new government, formed by “Georgian Dream” will continue integration into Europe.
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