Europe supports Egypt with $8 billion to confront the repercussions of the Gaza and Sudan wars. European governments have long been concerned about the risk of instability in Egypt.
Inflation is approaching record high levels in Egypt, and many Egyptians say they are finding it difficult to manage their affairs. Egyptian officials say Egypt deserves credit for hosting an estimated 9 million foreign residents and largely preventing irregular migration from its northern coasts. But there has been a sharp increase in the number of Egyptians trying to reach Europe via Libya, and the European Union is already providing funding aimed at reducing these flows.