Official announcement from the European Union

EU to Cut €121 Million in Funds to Georgia Over Democratic Concerns on October 9

Oct 10, 2024, 06:10 AM

The European Union delegation in Georgia has announced that Tbilisi will lose €121 million in EU funds due to concerns over 'democratic backsliding.' This decision comes as Georgia's government faces criticism for drifting from its Euro-Atlantic path towards Moscow's influence, as noted by Tamar Kintsurashvili. The European Parliament is set to vote on a final draft resolution regarding Georgia on October 9, which initially had seven versions submitted by different groups but now has a unified text.