The European Union suggested that it is prepared to send USD392 million in aid to Zimbabwe if the country has a new government that is free from current leader Robert Mugabe. In addition, the EU intends to appeal for debt relief in favor of the African nation. “I would encourage the rest of the international donor community to make it clear today that it is ready to provide substantial and immediate assistance to Zimbabwe in the wake of a transition towards democracy,” EU Aid Commissioner Louis Michel said. The bloc is the biggest donor to Zimbabwe, having granted USD142 million in aid in 2007.
Source: EU eyes Zimbabwe aid if crisis lifted (Reuters)