Westerwelle: Germany Committed To Egyptian Financial Aid

German Foreign Minister Guido Westerwelle confirmed his country’s commitment to providing financial aid to Egypt which needs sustainable foreign support.

In statements published Wednesday in German newspaper Rheinische Post, Westerwelle said: “Without investments, tourism growth and ongoing support during Egypt’s transition, there will be no reliable economic future for the country.”

Egyptian President Mohamed Morsi has left Egypt to pay short trip to Germany to seek urgently needed foreign investment and convince Europe of his democratic credentials.

Morsi will be meeting today with German Chancellor Angela Merkel to hold talks over several topics, notably the political developments in Egypt since the former president Hosni Mubarak was ousted two years ago.

“President Morsi is very welcome in Germany,” Westerwelle told Reuters in an interview last week.

“He is the first democratically elected president in the history of Egypt. We all know that a revolution means a lot of turbulence … Of course we are not happy with everything that has been decided in the last few months in Egypt but it is necessary to seek solutions, increase the dialogue.”