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EU resumes budget support to Ethiopia after five-year suspension EU resumes budget support to Ethiopia after five-year suspension

EU resumes budget support to Ethiopia after five-year suspension

The European Union has resumed budget support payments to Ethiopia, releasing €140 million annually.This marks the end of a five-year suspension that began amid the civil war in the Tigray region.The EU's International Partnerships Commissioner, Jozef Sikela, announced the funding during a visit to Addis Ababa for the EU-Ethiopia Business Forum.He described the move as a testament to the EU's confidence in Ethiopia's reform agenda and its long-term commitment to the partnership.Prime Minister Abiy Ahmed, who took office in 2018 and received the Nobel Peace Prize in 2019 for ending the war with Eritrea, has faced renewed challenges due to... [Continue Reading]

360LiveNews 360LiveNews | 21 Apr 2026 16:33 LONDON
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