Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Riyadh Metro to begin partial operations next Wednesday: Report    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Downing Street indicates Netanyahu faces arrest if he enters UK    London's Gatwick airport reopens terminal after bomb scare evacuation    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Tunisian minister calls EU aid pledge "ridiculous"
Published in Saudi Press Agency on 17 - 02 - 2011

Awwal 14, 1432 H/Feb 17, 2011, SPA -- A European Union pledge to help Tunisia's transition with 258 million euros is "ridiculous" and shows Brussels is not up to the task of dealing with the crisis in North Africa, Reuters quoted a Tunisian minister as saying on Thursday.
"The figures put forward by the European Union are ridiculous and show that it has not understood the scale of the historical events in the southern Mediterranean," Industry Minister Mohamed Afif Chelbi told a conference in Rome.
The EU's foreign policy chief, Catherine Ashton, said on a visit to Tunisia this week that the EU would disburse 258 million euros ($350 million) in aid to the country by 2013 and immediately unblock 17 million euros.
"When Ashton said 17 million, our minister thought he had misunderstood and asked: 'Millions or billions?' Once again, the European Union has not been up to the task of dealing with the region."
Chelbi was in Rome to reassure Italian businessmen that their investments in Tunisia were safe after the wave of protests which brought down President Zine al-Abidine Ben Ali last month.
He said his country's economy had continued to function despite the protests, with exports in January totalling around 800 million euros, broadly steady from January 2010.
Italian Foreign minister Franco Frattini, who is worried about the tide of illegal immigrants who have been landing on Italy's southern shores in recent weeks, also said the EU should do more to help Tunisia.
Ashton said in an article published in the Financial Times on Tuesday that she was seeking at least 2.5 billion euros of extra funding to help support reforms in Tunisia, Egypt and other North African countries. She said she was in discussions with the European Investment Bank, the EU's financing arm, to mobilise one billion euros for Tunisia this year.
-- SPA


Clic here to read the story from its source.