EU provides Georgia with first tranche as part of macro-financial assistance
Tbilisi, Georgia, Jan. 28
By Nana Kirtzkhalia - Trend:
The European Commission has provided Georgia with a grant in the amount of 13 million euros as part of the country's first tranche of the macro-financial assistance program worth 46 million euros approved in August 2013.
This tranche also includes 10 million euros in the form of loans, to be issued in the near future, the EU office in Georgia says.
The second tranche worth 23 million euros consists of 10 million euros in the form of a grant and 13 million euros in the form of loans. It is planned to be delivered in mid-2015.
Edited by CN