“Unfortunately, the Georgian government didn’t fulfill the conditions listed in the MoU for the second tranche,” MEP Viola von Cramon wrote on social media.
She noted that the European Union stands with the Georgian people.
“Unfortunately Georgian government didn’t fulfill conditions listed in the MoU for the second tranche (€75mill): judicial reform, etc. You can’t decline what you were not eligible for. We stand with the people of Georgia,” Cramon wrote.
“Georgia failed to sufficiently address the condition for the macro-financial assistance, and notably, to increase the independence, accountability and quality of the judicial system,” EU Charge d’Affaires ad interim, Julien Crampes said at the briefing held at the EU Delegation Office in Georgia yesterday.
He noted that the Government of Georgia notified the European Union of its decision to refrain from requesting EUR 75 million in EU macro-financial assistance, and the European Union takes note of the reasoning provided by the Georgian Government on their decision not to ask the rest of the EU micro-financial assistance.
However, he added, Georgia failed to sufficiently address the condition for this macro-financial assistance.
Earlier, Georgian Prime Minister Irakli Garibashvili announced that government would refrain from taking the second part of the EU loan.
Garibashvili explains that the reason for the above decision is, on the one hand, “high economic growth in Georgia” and, on the other hand, the desire to reduce foreign debt.
By Ana Dumbadze
Related Story: EU Delegation: Georgia Failed to Sufficiently Address Condition for Macro-Financial Assistance