It offers €1.6 billion in loans under macro-financial assistance.
It offers €1.4 billion in grants, of which €600 million can be disbursed in the next two years.
It adds another €3 billion from the European Investment Bank from 2014-2016 and it proposes to create a trust fund in which the European Union budget money and bilateral money from Member States can be pooled.
We will work with the European Bank for Reconstruction and Development, to which the European Union with its Member States is a majority shareholder, to liberate a further €5 billion.
We will also mobilise money (€250 million) from the Neighbourhood Investment Facility to leverage €3.5 billion of loans from bankable investment projects.
And to coordinate the aid effort by the international community and the International Financial Institutions, we propose to create a special donor coordination mechanism. The European Union is ready to host in Brussels a meeting with interested partners for this purpose.
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