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EU to give Eur10 million urgent aid to Georgia

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  • EU to give Eur10 million urgent aid to Georgia

    ITAR-TASS News Agency
    TASS
    April 6, 2004 Tuesday

    EU to give Eur10 million urgent aid to Georgia

    By Alexander Kondrashov

    BRUSSELS

    European Commission President Romano Prodi said on Tuesday that the
    European Union would give financial aid to Georgia.

    He said the European Commission would assign Eur10 million urgent
    economic assistance to Georgia and give Eur3.6 million for further
    reforms in the Georgian justice system. Prodi made the statement at a
    Tuesday briefing following the meeting with Georgian President
    Mikhail Saakashvili.

    Prodi said they are also considering the assignment of Eur30 million
    for other socio-economic reforms in Georgia.

    The European Commission and the World Bank will hold a donor
    conference in Brussels in June. The Georgian government will draft an
    investment program by that time, and the donors will consider
    possible extra funding of the Georgian economic modernization, he
    said.

    The EU Council of Ministers will consider the granting of a status of
    EU friends and neighbors to Georgia, Armenia and Azerbaijan in May
    2004, Prodi said. Many countries of East Europe and the Mediterranean
    region have obtained the status.
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