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Tag: European Union Egypt deal

EU plans to fast-track some financial aid to Egypt, without the usual safeguards

Posted on March 29, 2024 By admin
EU plans to fast-track some financial aid to Egypt, without the usual safeguards

The European Union intends to fast-track some of its aid money to Egypt using an urgent funding procedure that bypasses parliamentary oversight and other safeguards, according to the president of the bloc’s executive branch. The 1 billion euros ($1.1 billion) intended for this is part of a larger package of 7.4 billion euros ($8 billion)…

Read More “EU plans to fast-track some financial aid to Egypt, without the usual safeguards” »

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