EU solidifies support for Jordan with 100 million Euro loan

The European Union approved a new loan worth €100 million to Jordan on Tuesday and used the opportunity to reinforce its ties with the country.

EU Commisioner Pierre Moscovici said: "Today's decision to disburse €100 million to Jordan under a new MFA programme demonstrates the EU's continued support for the country in these challenging times. I look forward to continuing our work with the Jordanian authorities on their reform programme and in securing a stable, stronger economy for Jordan to the benefit of its entire population."

In a press release, the EU said that the assistance was part of a wider effort effort to help Jordan as it deals with the impact of large numbers of Syrian refugees.

Since the beginning of the Syrian crisis in 2011, the EU has made available more than €1.6 billion through various intruments.