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EU allocates €505m to Lebanon for recovery, reforms and basic services

The European Commission has adopted a €505 million support package for Lebanon covering 2026 and 2027, completing the second half of a €1 billion commitment announced in 2024. The funding is intended for basic services, recovery, reforms, security and civil society, rather than a direct cash transfer to the Lebanese government. The post EU allocates €505m to Lebanon for recovery, reforms and basic services appeared first on Market Business News .
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