Members of the European Parliament (MEPs) approve new financial aid package for Egypt and Jordan
On Tuesday, MEPs approved two proposals granting Jordan and Egypt loans worth €500 million and €4 billion respectively. The macro-financial assistance (MFA) for Egypt was adopted by Parliament by 452 votes in favour, 182 against and 40 abstentions. The MFA for Jordan was passed by 571 votes in favour, 59 against and 46 abstentions. Given Egypt’s critical economic and financial situation and its role as an important stabilising presence […]