| Author (Corporate) | European Parliament: European Parliamentary Research Service |
|---|---|
| Series Title | Briefing: How the EU Budget is Spent |
| Series Details | October 2016 |
| Publication Date | October 2016 |
| Content Type | Journal | Series | Blog, Policy-making |
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The European Neighbourhood Instrument funds EU efforts to cooperate with and promote development in 16 countries and territories on its eastern and southern frontiers, as part of a European Neighbourhood Policy. The EU hopes that by incentivising reform and economic integration in the EU market, these countries will become more democratic, more prosperous and more stable. As a substitute for pre-accession investment in countries with little or no prospect of accession, auditors and analysts say the policy has had mixed success. |
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| Source Link | http://www.europarl.europa.eu/RegData/etudes/BRIE/2016/593485/EPRS_BRI(2016)593485_EN.pdf |
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| Countries / Regions | Eastern Europe, Europe, Middle East, Northern Africa |
