Press Release: International Donors’ Conference for Georgia: call for wide international support for stabilisation and growth in Georgia

Author (Corporate)
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Series Details IP/08/1555 (21.10.08)
Publication Date 21/10/2008
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The European Commission and the World Bank have invited international donors and financial institutions to a Donors' Conference for Georgia on 22 October in Brussels, which will be co chaired with the current French and future Czech presidencies of the EU. President José Manuel Barroso will open the conference and Commissioner for External Relations and European Neighbourhood Policy Benita Ferrero-Waldner will represent the European Commission in the discussions. The conference will call for pledges to mobilise external assistance to support the country in the reconstruction of damaged infrastructure, reintegration of internally displaced people and in accelerating Georgia's recovery from the impact of the August 2008 conflict on its economy. The European Commission will present its framework for an assistance package of up to €500 million over three years, depending on the pace of recovery and the evolution of the Georgian economy.

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