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Things may be stabilizing in Mali...

[tony1969]

 

12:35 PM ET 2/12/13 | Reuters

EU unblocks 250 million euros of aid funds to Mali

* EU says Mali had taken steps towards restoring democracy

* Aid will gradually be restored this year

By Ethan Bilby

BRUSSELS, Feb 12 (Reuters) - The European Union is set to unblock 250 million euros ($334 million) in development aid to Mali frozen after a March 2012 coup allowed Islamist insurgents to seize cities and territory in the north of the desert country.

The aid money gradually will be restored this year, Europe's development chief Andris Piebalgs told a meeting of EU aid ministers in Dublin on Tuesday, adding that the EU was satisfied Mali had taken steps towards restoring democratic government.