2022-11-24 14:52:21

EU-Med Forum: South Needs Investment, Immigration Policies

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U.S. News & World Report
By Associated Press

MADRID (AP) More investment and polices regulating immigration are needed for countries on the southern Mediterranean basin that have been hit hard by the food and energy crisis brought on by Russia's war in Ukraine, the European Union's foreign policy chief said Thursday.

Speaking at the 7th regional forum of the Union for the Mediterranean that brought together delegations from 43 countries, Josep Borrell said southern countries need support to narrow the growing economic gap with countries in the north.

Borrell said the war had aborted the growth that was beginning to take place and it is laying the basis for a financial crisis, more inflation and less growth.

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