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In this photo provided by Egypt's presidency media office, Egyptian President Abdel-Fattah el-Sissi, right, talks to European Commission president Ursula Von der Leyen, at the Presidential Palace in Cairo, Egypt, Sunday, March 17, 2024. (Egyptian Presidency Media Office via AP)

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The EU plans to fast-track some financial aid to Egypt. The usual funding safeguards will not apply
March 31, 2024 midnight

The EU plans to fast-track some financial aid to Egypt. The usual funding safeguards will not apply

The European Union aims to fast-track up to $1.1 billion in financial aid to Egypt, using a funding procedure that bypasses parliamentary oversight and other safeguards. The funds are part of a bigger aid package under an EU-Egypt deal aimed partly at stopping migrants from reaching European shores.