{"id":132167,"date":"2024-03-20T03:45:48","date_gmt":"2024-03-20T03:45:48","guid":{"rendered":"https:\/\/www.africannewspaper.net\/2024\/03\/20\/eus-7-4-bn-euro-aid-package-to-support-cash-strapped-egypt-curb-illegal-migration-the-north-africa-post\/"},"modified":"2024-03-20T03:45:49","modified_gmt":"2024-03-20T03:45:49","slug":"eus-7-4-bn-euro-aid-package-to-support-cash-strapped-egypt-curb-illegal-migration-the-north-africa-post","status":"publish","type":"post","link":"https:\/\/www.africannewspaper.net\/2024\/03\/20\/eus-7-4-bn-euro-aid-package-to-support-cash-strapped-egypt-curb-illegal-migration-the-north-africa-post\/","title":{"rendered":"EU\u2019s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration \u2013 The North Africa Post"},"content":{"rendered":"
\n

The European Union signed a \u201chistoric\u201d take care of Egypt on Sunday (17 March) that features a funding bundle of seven.4 billion euros and elevating their relationship to the extent of a \u201cstrategic and complete partnership\u201d, in bid to stem migrant flows to Europe.
The 7.4 billion-euro help bundle for cash-strapped Egypt was introduced by European Fee President Ursula von der Leyen and Egyptian President Abdel Fattah el-Sissi in Cairo amid mounting considerations that financial stress and conflicts in neighboring nations may drive extra migrants to European shores. The deal, which drew criticism from rights teams over Egypt\u2019s human rights document, was signed Sunday by each leaders in a ceremony that was additionally attended by leaders of Belgium, Italy, Austria, Cyprus and Greece. The initiative goals to strengthen collaboration in varied sectors corresponding to renewable power, commerce, and safety whereas delivering grants, loans and different funding over the subsequent three years to help Egypt\u2019s struggling financial system.
\u201cYour go to in the present day represented a vital milestone within the relations between Egypt and the European Union,\u201d el-Sissi instructed visiting European leaders. He mentioned the deal has achieved a \u201cparadigm shift in our partnership.\u201d Over the subsequent three years, the Arab world\u2019s most populous nation will obtain an help bundle that features each grants and loans, with a lot of the funds totaling 5 billion euros being macro-financial help, in response to a doc from the EU mission in Egypt. The deal additionally offers for EU help to Egypt\u2019s authorities to fortify the nation\u2019s borders, particularly with Libya, a serious transit level for migrants fleeing poverty and conflicts in Africa and the Center East.<\/p>\n<\/div>\n

Supply: north africa post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The European Union signed a \u201chistoric\u201d take care of Egypt on Sunday (17 March) that features a funding bundle of seven.4 billion euros and elevating their relationship to the extent of a \u201cstrategic and complete partnership\u201d, in bid to stem migrant flows to Europe.The 7.4 billion-euro help bundle for cash-strapped Egypt was introduced by European […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"\nEU\u2019s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration \u2013 The North Africa Post - African News Paper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africannewspaper.net\/2024\/03\/20\/eus-7-4-bn-euro-aid-package-to-support-cash-strapped-egypt-curb-illegal-migration-the-north-africa-post\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU\u2019s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration \u2013 The North Africa Post - African News Paper\" \/>\n<meta property=\"og:description\" content=\"The European Union signed a \u201chistoric\u201d take care of Egypt on Sunday (17 March) that features a funding bundle of seven.4 billion euros and elevating their relationship to the extent of a \u201cstrategic and complete partnership\u201d, in bid to stem migrant flows to Europe.The 7.4 billion-euro help bundle for cash-strapped Egypt was introduced by European […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africannewspaper.net\/2024\/03\/20\/eus-7-4-bn-euro-aid-package-to-support-cash-strapped-egypt-curb-illegal-migration-the-north-africa-post\/\" \/>\n<meta property=\"og:site_name\" content=\"African News Paper\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-20T03:45:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-20T03:45:49+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africannewspaper.net\/#website\",\"url\":\"https:\/\/www.africannewspaper.net\/\",\"name\":\"African News Paper\",\"description\":\"We bring Africa Closer To you\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africannewspaper.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africannewspaper.net\/2024\/03\/20\/eus-7-4-bn-euro-aid-package-to-support-cash-strapped-egypt-curb-illegal-migration-the-north-africa-post\/#webpage\",\"url\":\"https:\/\/www.africannewspaper.net\/2024\/03\/20\/eus-7-4-bn-euro-aid-package-to-support-cash-strapped-egypt-curb-illegal-migration-the-north-africa-post\/\",\"name\":\"EU\\u2019s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration \\u2013 The North Africa Post - 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