Press Release: European Commission’s crisis response assistance to Georgia in 2008 reaches €120 million

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Series Details IP/09/78 (20.01.09)
Publication Date 20/01/2009
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As European Commissioner for External Relations and European Neighbourhood Policy, Benita Ferrero-Waldner visited Georgia on 20th January, the European Commission's post-crisis support for Georgia reached nearly €120 million.The Commissioner will be announcing the latest release of funds (€61.5 million) to the Georgian President Mikhail Saakashvili during her trip. One of the main aims of this funding is to answer the needs and help the resettlement of Internally Displaced People (IDPs) resulting from the conflicts in Georgia in the 1990s and August 2008. During her visit the Commissioner will be meeting some of those who have had to leave their homes at an IDP centre in Tbilisi which has been refurbished with Commission funds. The funds form part of the ‘Growth and Stabilisation Package for Georgia’ of up to €500 million covering the period 2008-2010, that was pledged by the European Commission after last summer's conflict.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/78&format=HTML&aged=0&language=EN&guiLanguage=en
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