Friday, May 27, 2011

FT.com / Middle East & North Africa - G8 offers $20bn to aid Arab democracies

Tunisia and Egypt could be offered more than $20bn in international loans if they continue their transformation into “democratic and tolerant societies”, the leaders of the world’s richest countries announced on Friday.

In a gesture of western solidarity, Tunisia and Egypt were invited to the Group of Eight summit in Deauville, where a draft final communiqué declared: “Democracy lays the best path to peace, stability, prosperity, shared growth and development.”

via ft.com

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