EU Approves €4 Billion Financial Package Tranche for Egypt

Support package: Egypt will receive another 4 billion euros from Brussels, in the hope of reducing migration from that country to the EU. The…

EU Approves €4 Billion Financial Package Tranche for Egypt

The European Parliament approved on Tuesday a second tranche of EUR 4 billion (EGP 219 billion) as part of the European Union’s EUR 7.4 billion (EGP 405 billion) macro-financial assistance (MFA) package for Egypt. The vote passed with 452 members in favor, 182 against, and 40 abstentions. This follows the disbursement of an initial EUR 1 billion (EGP 52 billion) tranche in January 2025 under the same package. The EU’s EUR 7.4 billion (EGP 405 bi…

Egypt Hails EU Parliament Approval of $4.3 Billion Aid Tranche - The Media Line

On Tuesday, Egypt praised the European Parliament’s decision […] The post Egypt Hails EU Parliament Approval of $4.3 Billion Aid Tranche appeared first on The Media Line.

EU approves $4.3bln loan to Egypt

Members of European Parliament vote for latest tranche of financial assistance

The European Parliament plenary on Tuesday gave the green light to a macro-financial assistance for Egypt of 4 billion euros in loans to accompany the country in its reforms, although the Greens have criticized the fact that Brussels has reduced in this case the obligations on the rule of law and human rights that include such support programmes.

Egypt welcomes European Parliament’s approval of €4 Billion EU support tranche - Egyptian Gazette

Egypt has expressed its gratitude for the European Parliament’s (EP) decision to approve the first reading of the second tranche of the European Union’s financial support package, valued at €4 billion. The Ministry of Foreign Affairs, Emigration and Egyptian Expatriates released a statement highlighting the significance of this decision, which garnered broad political support within the EP. The approval underscores the EU’s recognition and commi…