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LequteMan
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THE European Union has held a first round of emergency talks on the spiraling bloodshed in Egypt amid warnings the bloc was ready to "urgently review" ties with the country.The presidents of the European Council and European Commission are worried about the situation and warn that further bloodshed could have"unpredictable consequences" for Egypt and its neighboring countries. They called for the violence to stop.
Currently, the EU has about a billion euros at stake in loans and grants promised as aid to Egypt for 2012 -2013. But the aid has been made contingent on political and judicial progress so no new grant has been approved to Egypt since last year.
The Us and it’s European and Gulf allies were close to a peace deal between Morsi’s supporters and Egypt’s military two weeks ago. It broke down because army chief Abdel Fattah could not be convinced.
Currently, the EU has about a billion euros at stake in loans and grants promised as aid to Egypt for 2012 -2013. But the aid has been made contingent on political and judicial progress so no new grant has been approved to Egypt since last year.
The Us and it’s European and Gulf allies were close to a peace deal between Morsi’s supporters and Egypt’s military two weeks ago. It broke down because army chief Abdel Fattah could not be convinced.
