EU to allocate over $1Bln to fight against Islamic State

EU to allocate over $1Bln to fight against Islamic State
# 06 February 2015 14:12 (UTC +04:00)

"The European Commission and the High Representative are presenting the first EU comprehensive strategy on tackling the crises in Syria and Iraq and the threat posed by Islamic State. It brings together ongoing and planned initiatives of the EU and its Member States and boosts their efficiency, with an additional €1 billion in funding for the next two years," the statement said.

"This package will strengthen our actions to help restore peace and security in a region that is so close to us and that has been devastated by terrorism violence for too long," EU foreign policy chief Federica Mogherini was quoted as saying in the statement.

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THE OPERATION IS BEING PERFORMED