The European Commission Thursday adopted an assistance package of 476 million euro to foster development and cooperation with a number of countries in the southern Mediterranean region. This assistance represents nearly one third of the total 1.5 billion euro of funding foreseen this year by the EU for the region. "This important funding constitutes a clear proof of our commitment to support partner countries' efforts to stimulate sustainable economic development and improve the living standards of citizens. It is also a testimony of our continuing support to regional cooperation in the context of the Union for the Mediterranean," said EU Commissioner for Enlargement and European Neighbourhood Policy Stefan Fule. Beneficiaries of the new allocations are: Jordan (21 million euro), Lebanon (21 million euro), Libya (5 million euro), Morocco (48 million euro) and Tunisia (55 million euro). In addition, 314 million euro are allocated to cooperation programmes that will benefit citizens in five partner countries: Algeria, Egypt, Libya, Morocco and Tunisia, in the fields of agriculture, environment, development and economic recovery. The EU's executive body is also allocating 12 million euro for regional cooperation programmes.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor