EU neighborhood commissioner Oliver Varhelyi

Morocco’s Central Bank keeps key interest rate unchanged at 2.25%, expects 4.6% Growth in 2025

Morocco’s Central bank has decided to maintain its key interest rate unchanged at 2.25 %, while continuing to strengthen the measures aimed at easing financing conditions for businesses, especially very small enterprises (VSEs). The decision was made Tuesday by the Bank’s board after having analyzed national and international economic developments and reviewed medium-term macroeconomic projections. […]

Libya: Unity government formation will go ahead without GNC, huge majority of Libyans support us, Leon

UNSMIL Chief Bernardino Leon warned GNC late Wednesday that other protagonists in the Dialogue process will forge ahead and form the Government of National Accord (GNA) without them after the Tripoli-based council missed its chance to field nominees for the posts of Premiership, and deputy Prime Ministership. Leon sounded very disappointed as his earlier predictions […]

South Korea supports Morocco’s autonomy plan for Sahara, signaling a further isolation for Algeria

South Korea has officially endorsed Morocco’s autonomy proposal for the Sahara, and expressed its support for the «serious and credible efforts» made by the Kingdom to advance toward a resolution of the regional conflict. This endorsement, which was outlined in a statement released by the Korean Ministry of Foreign Affairs on Friday, May 9, marks […]