Home
Category
TV Live Menu
Loading data...

The Logic of Refusing EU Aid Is Unclear – the President

6130e1cd9603f
BM.GE
02.09.21 19:30
565
"Until the 2-digit economic growth affects the well-being of the population, the logic of refusing assistance is unclear," Georgian President Salome Zourabichvili said at a special briefing.
 
"The announced refusal to accept an EU loan is a rather incomprehensible step for a large part of the population and me personally. An economic argument about the need to reduce debt fails. No matter what the growth of our economy, even a double-digit number, it still does not cancel the social and economic damage that the coronavirus has caused to our population. The damage was reduced by the loan of the mentioned 75 million euros. It is unclear what causes international debt reduction to become a priority over the crisis of the citizens today. Until the 2-digit economic growth affects the well-being of the population, the logic of refusing assistance is unclear," said Salome Zourabichvili.
 
According to the President, it sounds paradoxical when the government refuses European aid and on the other hand, the government highlights the importance of Rikoti Road considering that this road is largely implemented through loans from Europe.
 
"The economic consequences of this step are not only reflected in taking the aid. The main thing here is the reputation of our country and the credibility of the Government's word," - said the President.
 
According to Salome Zourabichvili, she will stand by the European choice of the country and will not allow anyone to change this choice.