Commission provides €1 billion in macro-financial assistance to Egypt
Bogdan Hofbauer
Today, the European Commission disbursed €1 billion in Macro-Financial Assistance (MFA) to Egypt, an important commitment of the EU-Egypt Strategic Comprehensive Partnership signed in March 2024. Ursula von der Leyen , President of the European Commission said: “ Egypt is an important strategic partner for the European Union. Today's €1 billion payment shows both the EU's commitment to this partnership and Egypt's efforts to build a stronger and greener economy. This funding is going where
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