EU releases €1 billion second tranche as part of €5 billion strategic loan to Egypt

Following Egypt’s receipt of the second installment of European Union (EU) financial aid totaling €1 billion, Angelina Eichhorst, the EU Ambassador to Egypt, emphasized that this disbursement reflects Egypt’s commitment to identifying and implementing key economic and political reforms. She noted that these measures are paving the way for sustainable growth and development. “I am … The post EU releases €1 billion second tranche as part of €5 billion strategic loan to Egypt appeared first on Egypt Independent .