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Egypt’s crisis becomes Europe’s business problem as inflation soars and Suez revenues collapse

Last year, Brussels announced a package worth about $8.6 billion for cash-strapped Egypt.

Egyptian President Abdel-Fattah el-Sissi, European Commission President Ursula von der Leyen and European Council President António Costa are expected to announce increased European economic assistance to Egypt and Egypt’s admission to the EU’s Horiz… [3494 chars]

Source: Fortune | Published: 2025-10-22T14:01:50Z

Credit: Fortune

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