Nathalie Tocci

Egypt& the E.U. Normalization or Crisis?

Egypt heading towards normalization The Egyptian regime is determined to signal its credibility to the West. Its government, specifically as far as economic policy is concerned, is composed of the best technocrats the country can boast.The paying off of the 25% in arrears, owed to predominantly European, international energy companies, will commence by the end of this year. This is a meagre start, given that the 25% would merely revert the situation to what it was in July 2013 rather than improve beyond it. However,  it does signal the Egyptian regime’s credibility,a gradually normalizing domestic situation, and a commitment to…

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