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1%  
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Keyword: payoffegyptmb

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  • EU offers Egypt €1 billion

    09/15/2012 9:58:18 PM PDT · by Olog-hai · 29 replies
    European Voice ^ | Andrew Gardner
    EU leaders yesterday offered Egypt more than €1 billion ($1.31 billion) in aid and the prospect of better terms of trade during the first visit to Brussels by an Egyptian president. Herman Van Rompuy, the president of the European Council, emphasized the importance of consolidating Egypt's transition to democracy, saying: “Success in Egypt would have positive repercussions on the region as a whole.” After his meeting with Egypt's Mohammad Morsi, Van Rompuy described Egypt “as a friend, a neighbor, a partner” that could count on EU support during its democratic transition. …