newbusinessethiopianews December 8, 2019
Europe provides 170 million Euros to Ethiopia’s reform
The European Union provides 170 million Euros to the government of Ethiopia supporting the political and economic reforms the east African country embarked on.

The two sides inked the deal in Addis Ababa on Saturday where the visiting President of EU Commission Ursula von der Leyen and the reformist Ethiopian Prime Minister Abiy Ahmed were witnessing.



Ahmed Shide, Minister of Finance of Ethiopia and European Commissioner for International Partnerships Jutta Urpilainen have signed the four support agreements targeting Ethiopia’s political and economic reforms.

I welcome to Ethiopia Ursula von der Leyen and congratulate her for the recent election as President of EU Commission. Today’s signing of Euro 170 million agreements in support of democratic transitions & economic reforms is appreciated,” Prime Minister Abiy Ahmed twitted.

“Ethiopia welcomes the continued partnership with the EU. Latter Prime Minister Abiy twitted with photo of the two in the palace. With his picture and the visiting EU Commission President,” he said in the same twit.

Upon her arrival in Addis Ababa, Ursula von der Leyen tweeted, “there could be no better country than Ethiopia for my 1st visit outside the EU. Ethiopia has given hope to an entire continent”.