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Egyptian Minister: EU to Give Egypt 449 MN Euro

Source: Al Youm 7 8/31/2011, Location: Africa

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A EU Program will provide Egypt 449 million Euro (EGP 3.9 billion) between 2011 and 2013 as part of the EU’s Neighborhood Policy, according to Minister of International Cooperation Fayza Aboul Naga.

Naga recently met with Ambassador Mark Franco, head of the EU’s delegation in Cairo, to discuss the new Neighborhood Policy. The Egyptian government is exploring how to spend the aid. Naga said that the government would focus on funding programs related to job creation, affordable housing, education, and other small and medium projects.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  Gas Export  General  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Asset Portfolio Management  Economics/Financial Analysis  Gas Export  General  Investment  Mergers and Acquisitions 


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