EU Offers 140 Million Euro to Algeria for Development

the European Union (EU) committee of the Mediterranean countries approved Sunday 140 million Euros in aid for social and economic development policy in Algeria.

The aid is part of EU's Mediterranean economic assistance program (MEDA II), aimed at providing financial aid to Algeria for economic reform in addition to projects in the transport, education and environment sectors.

A statement by the EU mission in Algiers said that the MEDA II program also aims at combating poverty and achieve social justice in addition to improving living standers in the country. the EU had previously frozen all aid programs due to political disputes with Algeria.