EU: one billion euro for Lebanon
The European Commission has pledged an additional amount of 400 million euro for long-term reconstruction in Lebanon as a donation during the international donor conference in Paris. Several EU member states have also pledged donations.
The total amount put on the table by the EU and its member states is expected to exceed one billion euro. France on Wednesday said it will offer Lebanon, one of its former protectorates, a loan of 500 million euro. Belgium and the Netherlands are among those expected to pledge smaller amounts.
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