Six of bloc’s leaders sign agreement in Cairo aimed at boosting economy and bringing stability to region
EU leaders have sealed a €7.4bn (£6.3bn) deal with Egypt to help boost the country’s faltering economy, in an attempt to bring stability to the “troubled” region and avert another migration crisis in Europe.
The three-year EU-Egypt strategic partnership involves €5bn in soft loans to support economic changes, €1.8bn to support investments from the private sector and €600m in grants including €200m for migration management.
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