Yesterday the EU announced its global response to support partner countries’ efforts in tackling the coronavirus epidemic by committing to redirect over €15 billion of existing resources. This includes over €183 million for Georgia.
“While Europe is in the midst of its own struggle to overcome the harsh consequences of the Covid-19 pandemic, it continues to stand by its partners. I am proud to announce that the European Union will redirect and accelerate over €180million of existing funding to give maximum support to Georgia for its covid-19 response. These funds will support economic and social recovery, and will be provided at local level, and also strengthen state finances to help Georgia successfully get through this difficult economic period. All this funding comes as non-reimbursable grants, not as loans, and it comes on top of the support package the EU announced last week, bringing total EU support to Georgia to over €250 mln” noted Carl Hartzell, EU Ambassador to Georgia.
The support announced yesterday complements the first EU support package for Georgia announced on 30 March. More information here: https://eeas.europa.eu/delegations/georgia/76721/coronavirus-european-union-stands-together-georgia_en
You can find out more about how the EU is supporting Georgia through the Covid-19 crisis here: https://eeas.europa.eu/delegations/georgia/76989/covid-19-eu-stands-together-georgia_en
You can find more information on the global package here: https://ec.europa.eu/commission/presscorner/detail/en/ip_20_604
A factsheet about support to the Eastern Partnership region is here:
All support is provided in the framework of a Team Europe response, which includes resources from the EU, its Member States, the European Investment Bank and the European Bank for Reconstruction and Development.