Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • fx
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home»Post

    EU assistance to Georgia – briefing

    eub2By eub222 October 2008 Post No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    — last modified 22 October 2008

    In the aftermath of the conflict in Georgia, the European Commission has provided humanitarian assistance and started working on a comprehensive assistance package, which will be worth up to EUR 500 million.


    Advertisement


    In the immediate aftermath of the conflict in Georgia, the European Commission has provided humanitarian assistance and started working on a comprehensive assistance package, which will be The package will cover the period of 2008-2010 and be subject to review based on the pace of recovery and evolution of the Georgian economy.

    The main source of the funding is a mix of programmed funds under the ENPI envelope and crisis instruments, such as the Instrument for Stability, ECHO – Humanitarian Aid and ECFIN grants for Macro-Financial Assistance (MFA). The package also includes the costs for the EU (ESDP) Civilian Monitoring Mission in Georgia covered by the CFSP budget.

    Through this enhanced package, the Commission aims to provide assistance for:

    • Resettlement of internally displaced persons (IDPs);
    • Economic rehabilitation and recovery;
    • Macro-financial stabilisation;
    • Infrastructure support, especially in the energy sector.

    However, this package does not change the main priorities and focus of EC assistance. On the contrary, the conflict has further increased the need for support in the priorities identified in the ENP AP.

    The European Neighborhood Policy (ENP) Action Plan (AP) adopted in 2006 for a 5 year period and agreed between the EU and the Georgian government has been the backbone of EU-Georgia bilateral cooperation.

    The National Indicative Programme for the period 2007-2010 for Georgia outlines four priority areas and the allocation of € 120.4 million in financial assistance.

    • democracy and human rights; rule of law and judicial reform; good governance and public finance reform
    • promoting external trade and improving the investment climate; regulatory reforms and Education
    • strengthening social reforms in health and social protection; rural and regional development

    In 2007 and 2008, the most sizeable programmes have been those supporting reforms in public finance management and criminal justice sectors, technical support for the implementation of the ENP AP and economic restructuring efforts in breakaway regions as part of Confidence Building Measures. In addition under the Neighbourhood policy, Georgia has also benefited from a number of thematic, regional and other assistance programmes.

    • Ongoing EU-funded assistance programmes and projects

    , the EC assistance package foresees in support of Georgia broken-down as follows:

    for the needs of Internally Displaced persons:

    through the UN Flash Appeal;

    through grants, direct budget support and contributions to Municipal Development Fund.

    for Core Recovery of Georgian economy, including

    for Macro-Financial Assistance, debt reduction (subject to meeting conditions previously agreed)

    for ongoing assistance under various programmes; [education economic rehabilitation of conflict regions, democracy and human rights non-state actors and investment projects ]

    for the EU Monitoring Mission in Georgia, launched on 1 October 2008

    • EuropeAid Georgia

    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    EU Agenda: Week Ahead – 11-16 November 2024

    How cities are adapting to host major gatherings

    The truth about walk-in baths and why it’s a game-changer for the modern bathroom

    Why 918kiss APK Is the Ultimate Casino Experience for Mobile Users

    The future of family offices: trends and predictions for the next decade in Europe

    European economic recovery is good news for Bitcoin’s price

    LATEST EU NEWS

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    EU artificial intelligence factories set for 2025

    13 November 2024
    BRIEFING

    Agenda

    This week, COP29 begins in Azerbaijan; finance ministers discuss the EU's annual budget for 2025; and MEPs hold a plenary session on EU-US relations, EU summits, deforestation and COP 29...

    EUbusiness Week

    This week competitiveness and environment ministers will hold informal meetings…

    Eurozone Economic Calendar

    Key economic calendar events for the week 11 to 16 November 2024

    The Week's Top Stories

    This week competitiveness and environment ministers will hold informal meetings…

    Advertisement

    Subscribe to EUbusiness Week

    Get the latest EU news

    Latest Posts

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Tems
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025
    Design and developed by : Dotsquares

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok