Chief Observer of the EU EOM to Lebanon and Member of the European Parliament from Spain, formally launched the mission to observe the country's 6 May parliamentary elections, underlining the importance of the elections for Lebanon's stability.
The European Union (EU) is an economic and political partnership between 28 European countries. It plays an important role in international affairs through diplomacy, trade, development aid and working with global organisations. Abroad, the EU is represented through more than 140 diplomatic representations, known also as EU Delegations, which have a similar function to those of an embassy.
Today the European Union has announced a package of up to €150 million to support the revitalisation of the Lebanese economy as part of its longstanding commitment to the economic development of Lebanon. This support could generate up to €1.5 billion loans for Lebanon until 2020, on condition that the country's financial institutions identify and propose projects that are bankable and adopt relevant reforms. This package includes up to €50 million in grants funding that could be mobilised in each of the coming three years (2018-2020) to provide technical assistance and ensure a sufficient level of concessionality of loans. High Representative/Vice-President Federica Mogherini said: "The European Union has always been on the side of Lebanon and the Lebanese people. A strong and resilient Lebanon is in our collective interest, in the interest of the entire region. [...] With this new package, the European Union reconfirms its support to the Lebanese economy, […] and encourages the Government to pursue the path of structural reforms it has started to undertake."
The visit of Johannes Hahn, European Union Commissioner for Neighbourhood Policy and
Enlargement Negotiations, to UNRWA schools in Beddawi camp on 27 March was an important and
welcomed visit by UNRWA. The EU is now the most generous and consistent donor to the Agency and
is actively mobilizing stakeholders to secure further support for the Agency to bridge the 2018 funding