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    EU pledges 650 million euros in 'New Deal' for Somalia

    euronews (in English)

    by euronews (in English)

    The EU has pledged 650 million euros in what is being hailed as a 'New Deal' for Somalia.

    The money will be used to support the country's new government in its peace and state-building efforts over the next three years.

    Somali President Hassan Sheik Mohamoud told reporters in Brussels that "millions of lives of somalians have been saved by support of the EU funds."