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"European Union will accelerate over €180 million of existing funding to give maximum support to Georgia"

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BM.GE
09.04.20 19:25
827
Carl Hartzell, EU Ambassador to Georgia, says that while Europe is in the midst of its own struggle to overcome the harsh consequences of the Covid-19 pandemic, it continues to stand by its partners.

“While Europe is in the midst of its own struggle to overcome the harsh consequences of the Covid-19 pandemic, it continues to stand by its partners. I am proud to announce that the European Union will redirect and accelerate over €180million of existing funding to give maximum support to Georgia for its covid-19 response.

These funds will support economic and social recovery, and will be provided at local level, and also strengthen state finances to help Georgia successfully get through this difficult economic period. All this funding comes as non-reimbursable grants, not as loans, and it comes on top of the support package the EU announced last week, bringing total EU support to Georgia to over €250 mln,” Carl Hartzell said.

According to the Delegation of the EU to Georgia, the EU has announced its global response to support partner countries’ efforts in tackling the coronavirus epidemic by committing to redirect over €15 billion of existing resources. This includes over €183 million for Georgia.