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Image header Agence Europe
Europe Daily Bulletin No. 12570
Contents Publication in full By article 16 / 34
EXTERNAL ACTION / Georgia

Agreements worth €129 million signed to help economic recovery

The European Commissioner for Neighbourhood Policy, Olivér Várhelyi, and the Georgian Prime Minister, Giorgi Gakharia, signed, on Tuesday 29 September, two financing agreements worth €129 million in the form of grants to help Georgia deal with the Covid-19 pandemic and its impact on the country's economy.

The first financing agreement, for €75 million, aims to support the country’s Anti-Crisis Economic Plan, designed to help the citizens of Georgia recover from the impact of the pandemic.

Measures include social assistance for vulnerable households, support for businesses that have retained jobs in these difficult times and increasing the number of beds in intensive care units.

The second agreement, worth €54 million, targets regions outside the capital.

The programme focuses in particular on the rehabilitation or construction of infrastructure in urban areas, the promotion of tourism development and support for SMEs and innovation.

It also includes measures to support decentralisation and to involve citizens in decision-making at local level. (Original version in French by Camille-Cerise Gessant)

Contents

SECTORAL POLICIES
EXTERNAL ACTION
SECURITY - DEFENCE
EU RESPONSE TO COVID-19
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS