EU-Jordan: €3bn in macro-financial assistance

Brussels 30.01.2024 Commissioner for the Mediterranean, Dubravka Šuica, signed the Joint Declaration on the Strategic and Comprehensive Partnership with Jordan, officially elevating the EU relationship with the country. The signature follows a bilateral meeting between President of the European Commission, Ursula von der Leyen and King Abdullah II of Jordan. The ceremony took place in…

EUCO: Michel scales down grants

In a search of compromise the president of the European Council Charles Michel came forward with the proposal to scales down the grants (subsidies) in recovery & resilience facility (RRF) fund €672.5bn, of which loans €360bn & grants €312.5bn, 70% of grants provided in 2021-2022, 30% in 2023. The proposal constitutes a significant change in…