Tuesday 3 September 2013

Egypt Economy Continues Downward Trend - Al-Monitor: the Pulse of the Middle East

Egypt Economy Continues Downward Trend - Al-Monitor: the Pulse of the Middle East:

"Egypt’s economy continues to suffer large losses in all its sectors as a result of the political disturbances after President Mohammed Morsi’s ouster on June 30. The European Union agreed to halt military exports to Egypt, after initially threatening to halt aid and terminate economic agreements with Cairo, as Egyptian officials kept their hopes confined to assistance from Gulf states, which have become the main saviors of the country’s economy."

'via Blog this'

No comments:

Post a Comment