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EU to allocate 1 billion euros to Egypt

EU to allocate 1 billion euros to Egypt
# 20 December 2024 15:45 (UTC +04:00)

The European Union will allocate 1 billion euros to Egypt, Ursula von der Leyen, the President of the European Commission, said in a post on X platform, APA reports.

"We are delivering on the Strategic and Comprehensive Partnership signed last June in Cairo. Today we decided to disburse to Egypt €1 billion to accompany its reform agenda. For a stronger business environment, more private investment and more good jobs for the Egyptian people," Von der Leyen noted.

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