EU grants 1 billion to Lebanon to strengthen basic services

Brussels – The European Union will provide Lebanon with a financial assistance package worth 1 billion euros for 2024-2027, European Commission President Ursula von der Leyen announced during her visit to Beirut today, accompanied by the President of the Republic of Cyprus, Nikos Christodoulides. During the visit, a statement explains, they “discussed the important internal and regional challenges Lebanon faces and how the EU can best support the country and its people.”

The continued EU support aims to strengthen basic services such as education, social protection, and health for the Lebanese people. It will accompany the country as it progresses on urgent economic, financial, and banking reforms. In addition, there will be support for the Lebanese Armed Forces and other security forces with equipment and training for border management and combating smuggling.

Von der Leyen explained that her visit “is a strong testimony to the EU’s continued support for Lebanon and its people.” It was also the message of European leaders at the last summit when they pledged significant financial support to the country in the face of its many challenges. The 1 billion euros until 2027 “will provide much-needed assistance to the Lebanese people and contribute to their security and stability,” she added.