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Al Jazeera
Al Jazeera
World

Why is the EU offering Tunisia a financial assistance package?

Italian Prime Minister Giorgia Meloni speaks during a press conference as European Commission President Ursula von der Leyen and Dutch Prime Minister Mark Rutte listen in Tunis on June 11, 2023 [Tunisian Presidency/Reuters]

European Commission President Ursula von der Leyen says the European Union may loan Tunisia more than 1 billion euros ($1.07 billion) with the lion’s share positioned as “macro-financial assistance” designed to save Tunisia’s faltering economy.

The potential package, which was announced on Sunday during von der Leyen’s visit to Tunisia with Italian and Dutch Prime Ministers Giorgia Meloni and Mark Rutte, is part of a larger effort by the EU to stem the flow of refugees mainly from sub-Saharan African countries trying to reach the Italian coast.

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