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TunisiaPresident von der Leyen announces a €1 billion package of EU funding to Lebanon
European Commission President Ursula von der Leyen, accompanied by the President of the Republic of Cyprus, Nikos Christodoulides, discussed the significant domestic and regional challenges faced by Lebanon, and how best the EU could support the country and its people. She announced that the EU will provide a financial assistance package for Lebanon worth €1 billion for 2024 to 2027.
This continued EU support will strengthen basic services such as education, social protection and health for the people in Lebanon. It will accompany urgent economic, financial and banking reforms. Furthermore, support will be provided to the Lebanese Armed Forces and other security forces with equipment and training for border management and to fight against smuggling.
President von der Leyen said: “My visit [to Beirut] is a strong testimony of the EU’s continued support to Lebanon and its people. This was also the clear message of European leaders at our last summit, and are committed to provide strong financial support to the country in view of the significant challenges it faces. The €1 billion until 2027 will provide much needed assistance to the people in Lebanon and contribute to its security and stability.”
Countries covered:
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Lebanon
