France

Hollande Says Tunisia is a Better Model for Democratic Transition Than Egypt or Libya

No kidding

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(Reuters)—France's president told Islamist-ledTunisia on Friday it was heading in the right direction, drawing a positive contrast with countries like Libya and Egypt.

President Francois Hollande said Paris would provide 500 million euros ($645 million)in loans and grants to support the North African state. Sixty million euros of Tunisian debt would also be converted into investment projects.

Tunisia's democratic transition was "a model in the region", Hollande said.