On behalf of the Directorate General of the European Commission for Neighborhood Policy and Enlargement Negotiations, European Union representatives in Georgia reported the alert that the country is set to lose EUR 121.3 million in EU aid due to its democratic decline. The remaining funds from previous years will be put on hold.
The report highlighted that 2023-2024 monetary aid has been suspended from transfer as a result of democratic standards reversing in Georgia, with particular emphasis put on the ‘Law on Transparency of Foreign Influence,’ which undermines the freedom of civil society and media. The allocated aid money—EUR 12 million from 2022, EUR 72 million from 2023, and EUR 37.3 million from 2024—has been frozen in response.
