Press Release: EU signs financing agreements with Algeria for €58 million of European grants

The European Union and Algeria have signed three financing agreements – for grants worth a total € 58 million – on the protection of cultural heritage, support for reform in the transport sector and support for youth employment. Catherine Ashton, High Representative of the Union for Foreign Affairs and Security Policy/Vice President of the Commission, signed the agreements on behalf of the European Union in Algiers on 6 November 2012.