EU pledges millions in aid for farmers in Egypt, youth in Algeria
The European Union's executive on Tuesday pledged 22 million euros (30 million dollars) to support small farmers in Egypt and 23.5 million euros for a youth programme in Algeria, dpa reported.
The aid for Egypt "will improve access to finance for farmers and increase productivity in selected value-chains such as the dairy and aquaculture sector with the aim of improving farmers' living conditions," the European Commission said in a statement.
In Algeria, EU money will help the government create employment opportunities for people under 35, which make up 70 per cent of the total population, the commission said.
Following the Arab Spring revolutions which toppled long-time rules in Tunisia, Egypt and Libya, and upped the pressure for democratic reforms in other north African states, the EU has pledged to give more financial support for countries in the region.
Over the course of 2011, 122 million euros were earmarked for Egypt, while 58 million euros were committed to Algeria, the European Union said.