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المصري اليوم
EC approves 1.5B euros for Egypt
The European Commission has approved the transfer of 1.5 billion euros from the second tranche of the financial package allocated to Egypt, as part of the budget support program worth 5 billion euros. This follows the earlier disbursement of two billion euros, with one billion euros paid in January 2026 and another billion euros in 2024. This support reflects the European Union’s commitment to a strategic partnership with Egypt and aims to strengthen economic stability and sustainable development. It also expresses the Union’s confidence in Egypt’s efforts to achieve regional stability and to promote security and development in the area.
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