International community pledges $1.25 billion for AlbaniaChristian Fernsby ▼ | February 18, 2020
The international community has pledged 1.150 billion euros ($1.25 billion) to support Albania’s long term recovery following a devastating earthquake last November.
Business in Europe Albania street
Besides EU member states and institutions, several other countries and international organizations participated in the event, including Turkey, the United Arab Emirates, the UN and the Work Bank.
EU member states, the European Commission and the European Investment Bank together offered €400 million ($433.3 million) help for with post-disaster recovery. ■