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EU High Representative on official visit to Morocco January 5-6

The EU High Representative for Foreign Affairs and Security Policy, Vice President of the European Commission, Josep Borrell, will pay an official visit to Morocco this January 5-6, the European External Action Service (EEAS) announced Wednesday. The visit will be an opportunity for an in-depth discussion on the implementation of the EU-Morocco partnership, including in […]

Rabat, Madrid foil Algeria’s gas blackmail

When Algeria unilaterally cut gas supplies through the Maghreb-Europe gas pipeline in late 2021, it was expecting Morocco to succumb to darkness and electricity cuts. But none of that happened. Instead, a new energy partnership was forged with Spain giving the halted pipeline a new life. Spain received annually 2 million euros from Morocco for […]

IMF Supports Morocco to Achieve Gradual Dirham Float

The IMF expressed its support for the Moroccan authorities’ plan to gradually transition to a more flexible exchange rate regime, which should support the economy’s ability to absorb external shocks, and preserve competitiveness. The statement was made by Nicolas Blancher, head of the IMF consultation mission, in a press release that conveyed the preliminary findings […]