08:26, 5 March 2014

EU allocates 22.5 million euros to Georgia for governmental reforms

Flags of the EU and Georgia, Tbilisi, April 2013. Photo by Beslan Kmuzov for the ‘Caucasian Knot’.

During his visit to Tbilisi, Stefan Fule, the European Commissioner for Enlargement and Neighbourhood Policy, signed an agreement between the European Union (EU) and Georgia on allocation of 22.5 million euros to reform of the financial system and democratic institutions of the country.

According to the document signed on March 4, 1.5 million euros out of the above sum will be spent to strengthen the role of the Parliament in the process of European integration; while the rest of the money will be spent at reforming the state finance system, says the release posted on the website of the European Commission.

During his visit, Stefan Fule criticized Russia for its pressure on Georgia, the "Caucasian Knot" correspondent reports. In his speech, Mr Fule recalled the events in Ukraine and said that Russia is putting pressure on the territorial integrity of Georgia. "Russia must comply with international law and respect the sovereignty of its neighbours," he said.

Author: Beslan Kmuzov

Source: CK correspondent