European Commission President Jose Manuel Barroso said that the European Union pledged financial aid to Egypt Bakmah 500 million euros, in addition to 200 million euros to support the economic recovery.
Barroso said during a joint news conference with Egyptian President Mohamed Morsi on Thursday, September 13 / September that the European Union would provide economic aid to Egypt subject to reaching an agreement with the International Monetary Fund.
The European official also expressed readiness to discuss the process of European budget support, including between 150 and 200 million euros, to support the agreed plan to revive the Egyptian economy.
Source: Seventh Day
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