The European Union has announced a 7.4 billion-euro or $8 billion aid package for cash-strapped Egypt as concerns mount that economic pressure and conflicts in neighboring countries could drive more migrants to European shores. Egyptian officials say the deal was signed during a visit Sunday by European Commission President Ursula von der Leyen. Leaders of Belgium, Italy, Austria, Cyprus and Greece were also present. The package includes both grants and loans over the next three years. The EU will provide assistance to Egypt to fortify its borders especially with Libya. Egypt's neighbor is a major transit point for migrants fleeing poverty and conflicts in Africa and the Middle East.
