The European Union has allocated a budget of 60 million Euros (8.4 billion rupees) in grants as the second part of the EU Country Strategy for Sri Lanka spanning the 2007-2013 period, for new operations to be committed in the period 2011-2013.
A press release issued by the delegation of the European Union to Sri Lanka and the Maldives has announced that with the adoption on 17 June 2010 of the Indicative Programme 2011-2013 for Sri Lanka, the EU focuses on the needs of vulnerable communities, especially the people affected by the conflict, and supports positive developments towards peace, consolidation, and reconciliation.