International Courant
European Fee President Ursula von der Leyen makes an announcement in Brussels on April 27, 2022, following Russian vitality large Gazprom’s choice to halt gasoline shipments to Poland and Bulgaria following Moscow’s newest use of gasoline as a weapon within the battle in Ukraine. (Picture by Kenzo TRIBOUILLARD / POOL / AFP) (Picture by KENZO TRIBOUILLARD/POOL/AFP through Getty Photographs)
The Monetary Instances reported {that a} main European Union (EU) monetary bundle price EUR 7.4 billion could possibly be introduced in the course of the go to of the EU delegation to help the Egyptian financial system.
European diplomatic sources introduced that the EU high-level delegation will arrive in Cairo on Sunday.
The delegation might be led by Ursula von der Leyen, President of the Fee of the European Union, and can include the Prime Minister of Belgium (the present President of the European Union), the Prime Minister of Italy, the Prime Minister of Greece, the Austrian Chancellor , and the Cypriot president, the sources stated.
The European delegation’s unprecedented go to will embrace the first-ever signing of an settlement to raise Egypt-EU relations to that of a complete strategic partnership, the sources stated.
This displays the extent of European curiosity in relations with Egypt, as Egypt is the biggest nation within the area and a pillar of stability there, she added.
The Italian information company Nova additionally reported that Italian Prime Minister Giorgia Meloni will go to Cairo on Sunday, the place agreements might be signed in varied areas as a part of the Mattei planto remove the causes of unlawful immigration.
The Italian company said that Meloni’s presence in Egypt falls throughout the broader context of the EU delegation’s go to.
EU pronounces monetary bundle for Egypt totaling 7.4 billion euros: report
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