European Commission to allocate 30 million euros to Georgia

Photo: European Commission to allocate 30 million euros to Georgia / Georgia

Tbilisi, Georgia, May 14

By Nana Kirtzkhalia - Trend:

Georgian Prime Minister Irakli Garibashvili welcomes the allocation of financial aid to Georgia by the European Commission for holding reforms.

Under the 'more for more' principle, Georgia will receive around 30 million euros, the country's prime minister said at a joint press conference with President of the European Council, Herman Van Rompuy on May 14.

"This financial aid will be used to modernize the public institutions engaged in implementation of the association agreement with the EU, as well as to increase the competitiveness of agricultural business and strengthen the trade relations with the EU," the prime minister said.

Edited by C.N.

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