No 19



EC Grants 210Mn To Jordan And Egypt To Alleviate Effects Of Iraq War

The European Commission (EC) announced on 5 May that it will grant Jordan and Egypt 210mn in financial assistance to offset the economic impact of the war in Iraq. This emergency assistance will be drawn from existing commitments and is scheduled for quick disbursement to help the two countries most affected by the war to stabilize their economic situation. Of the total amount, 175mn will...