EU to consider suspension of €5bn in aid to Egypt - FT.com

EU to consider suspension of €5bn in aid to Egypt - FT.com:

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Egyptian army soldiers take their positions on
top and next to their armored vehicles while
guarding an entrance of Tahrir square

Brussels said it will “urgently review” relations with Egypt following an escalation in violence over the past week that has left EU leaders increasingly worried about the future of peace and stability in the Arab world.
EU officials said that the review was likely to recommend a suspension of various forms of aid and loans in total worth €5bn, which had been earmarked to help Egypt in its transition towards democracy following the popular revolution that ended the military regime of Hosni Mubarak two years ago. Suspension would require the backing of EU member states."

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