Brussels, 14/01/2011 (Agence Europe) - On Thursday 13 January, the European Commission proposed to provide macro-financial assistance to Georgia of up to €46 million, with half of the assistance to be disbursed in the form of grants and half in the form of loans. This assistance is part of a comprehensive EU package of up to €500 million to support Georgia's economic recovery in the aftermath of the August 2008 conflict with Russia and the global financial crisis.
Assistance is provided...