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President Kaïs Saïed is piling on the pressure for Tunisia's central bank to become the latest African bank to provide billions of dollars in direct budget finance a move which economists warn is likely to lead to inflation and a currency collapse...
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Vol 65 No 3 |
- TUNISIA
- CHINA
For President Kaïs Saïed's beleaguered and cash-strapped government foreign interest – especially outside the usual suspects in the European Union – is regarded as politically useful even if not financially beneficial...
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Vol 65 No 3 |
- ITALY
- AFRICA
Meloni has been at the heart of the EU's efforts to broker 'cash for migrant control' deals with Tunisia and Egypt last year telling Tunisia's President Kaïs Saïed that Italy would provide economic support in return (AC Vol 64 No 13 Brussels deal rescues Saïed)...
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But President Kaïs Saïed who backs calls for a Palestinian state is failing to manage the mood of the country...
Talks led by Von der Leyen and the Dutch and Italian Prime Ministers Mark Rutte and Giorgia Meloni (all breaching the EU's rules on negotiations with heads of states on behalf of the bloc) produced a €785 million (US$842m) agreement in July for budget support and investment between the EU and President Kaïs Saïed (AC Vol 64 No 14 Migration cash dominates vote for top EU jobs)...
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Yet this looks shaky after President Kaïs Saïed returned a payment of €60 million to the Commission (AC Vol 64 No 19 Heart of the migration storm)...
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It is increasingly hard to see where Tunisia will source financial support in the coming months after President Kaïs Saïed rejected funding from the European Union...
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The future of the €785 million (US$828m) 'cash for migrant control' deal between Tunisia and the European Union is in question after President Kaïs Saïed dismissed a €60m payment by Brussels as 'derisory' and 'charity'...
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In a letter to Von der Leyen last month Borrell complained that due process was not followed in negotiating with Tunisia's President Kaïs Saïed...
Vol 64 No 19 |
- LIBYA
- MIGRATION
European Commission President Ursula von der Leyen Italian premier Giorgia Meloni and the Netherlands' outgoing premier Mark Rutte brokered a quid pro quo with Tunisia's President Kaïs Saïed in June...