Sunday, December 27, 2015

EU provides $27.5 million in aid to Lebanon.

The European Union (EU) has adopted the 2015 second assistance package for Lebanon totaling €25 million ($27.5 million).

The aid consists of three programs. The first is valued at €15 million ($16.5 million) and aims at supporting private sector development by assisting micro, small and medium-sized enterprises to be more competitive.

The second is valued at €5 million ($5.5 million) and consists of providing technical assistance to the Government. The assistance will help improve ...

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