Algeria Europe Headlines International

NATO considers Algeria a security risk for Europe – confidential report

The North Atlantic Treaty Organization (NATO) has considered Algeria as being a security risk for Europe in view of its using gas supplies as a means of political pressure on the continent. In a confidential report that surfaced last week, NATO estimated that Algeria is using gas supplies as a means of political pressure on […]

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Algeria worsens its self-imposed isolation by erratic decisions

After worsening ties with almost all of its immediate north African neighbors, Algeria has entrenched its self-inflicted diplomatic and economic isolation by hostile moves against Spain, triggering a firm reaction from the EU. Algeria has asked its bank to withhold processing all commercial transactions with Spain the same day it has suspended a friendship and […]

Europe Headlines International

EU: Algiers’ move to freeze trade with Spain violates EU-Algeria Association Agreement

EU Foreign policy Chief Josep Borrell and Executive Vice-Pdt of European Commission, Valdis Dombrovskis, have voiced concern over Algeria’s unilateral decision to suspend the Friendship Treaty with Spain, saying the Algerian move of halting transactions with Madrid is a “violation of the EU-Algeria Association Agreement, in particular in the area of trade and investment”. Algeria […]

Europe Headlines International Tunisia

Tunisia secures €300m from EU to weather pandemic impacts

The European Union released Wednesday €300 million accounting for the second tranche of the bloc’s support for the North African country in surfing the impacts of the COVID-19 pandemic. Tunisia received the first tranche of the same amount, in June last year. The bloc last year rubber stamped a Macro-financial Assistance (MFA) program worth €600 […]

Energy Europe Headlines International Morocco

Morocco, EU discuss ways to step up cooperation in sustainable investment in green energies

Means and ways to step up cooperation in the area of sustainable investment between Morocco and the European Union were at the focus of a meeting held Thursday in Marrakech between the Minister Delegate in charge of Investment Mohcine Jazouli, and the executive vice-president of the European Commission, Valdis Dombrovskis. During this meeting, held on […]

Asia Business Europe Finance Headlines International

Palestine: EU, EIB announce €60 million business investment in Gaza

The European Investment Bank (EIB), a financial arm of the European Union (EU), announced Thursday it provides €60 billion ($62.58 billion) for economic development in Gaza. The financing program was unveiled by EIB Vice President Gelsomina Vigliotti and EU representative Sven Kuhn von Burgsdorff during a visit to Gaza, the EIB said in a press […]

Business Europe Headlines International Morocco

Morocco, EU pool efforts to boost aquaculture

A twinning project between Morocco and the European Union (EU) was launched on Wednesday in Rabat, with a view to strengthening the aquaculture sector in the Kingdom. The EU Ambassador to Morocco, Patricia Llombart Cussac, highlighted the importance of this partnership which will allow the creation of more than 4,000 direct jobs in addition to […]

Algeria Europe Headlines International Maghreb Morocco

EU, Spanish officials welcome positive development of Morocco-Spain relations

The European Union (EU) welcomed, Monday, the positive development of relations between Morocco and Spain, saying this development is “beneficial for the implementation of the Euro-Moroccan partnership as a whole”. “The European Union welcomes any positive development between its member states and Morocco in their bilateral relations, which can only be beneficial for the implementation […]

Business Energy Europe Headlines International Morocco

European Commissioner: EU ready to prop up Moroccan SMEs

European Union Commissioner for Neighborhood & Enlargement Olivér Várhelyi has voiced the European bloc’s readiness to support Moroccan small & medium-sized enterprises (SMEs). “We are ready to cooperate with you, especially in green energy transition, trade facilitation, digitalization and support for SMEs,” said Mr. Várhelyi during a meeting held Wednesday in Rabat with Head of […]

Africa Algeria Europe Headlines International Maghreb Morocco

Sahara: EU reiterates non-recognition of pseudo-SADR

The European Union Foreign Policy Chief, Josep Borrell, has reiterated the EU’s non-recognition of the so-called Sahrawi Republic. “None of the member states of the European Union recognizes the SADR,” Borrell wrote in a response to an MEP, stressing that its “participation in the [EU-AU] Summit does not change the position of the European Union […]