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Georgia refused from EU’s help

31.08.2021,17:27


August 31, Fineko/abc.az. In order to avoid any threat, we decided to refrain from receiving the second part of the loan given to our country by the European Union, ABC.AZ reports citing Georgian Prime Minister Irakli Garibashvili.

According to the PM, the main reason for this is the reduction of government's external debt: "Part of the macro-financial assistance is a loan that we received in 2020. The second part of the loan in the amount of 75 million euro was not a grant or assistance. The Ministry of Finance will probably announce this later. Given that we started reducing our external debt this year, we probably won't need to take this amount anymore."