Germany allocates €200 mln to Georgia for mobility, energy, infrastructure and biodiversity projects

Germany allocates €200 mln to Georgia for mobility, energy, infrastructure and biodiversity projects

Germany will allocate a €170 million loan and a €28.5 million grant to Georgia as part of an agreement signed today between the governments of Georgia and the Federal Republic of Germany Agenda.ge reports. 

To date, within the financial and technical cooperation with Germany, more than €1 billion in funding in the form of grants, technical assistance and soft loans have been allocated for Georgia.

 

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