Financing the EU Neighborhood – Key Facts and Figures for the Eastern Partnership
Financing the EU Neighborhood – Key Facts and Figures for the Eastern Partnership

Summary/Abstract: The EU is permanently trying to secure its proximity by creating a “ring of friends” in the neighborhood. Thus, stabilization through economic integration and modernization have been the purpose of the European Neighborhood Policy (the ENP) since its creation, in 2004. Successive reviews of the ENP in the past decade have aimed to customize support to different needs of the partners. Funding has been allocated according to the level of commitment to reform of the EU neighbors. The six small states of the Eastern Partnership (EaP) have benefitted not only from common ENP provi-sions, but also from specific instruments dedicated to their particular situation. Bilateral and multi-country programs included in the European Neighborhood Instrument (ENI), but also instruments from other EU policies and support from the International Financial Institutions (IFI) have helped the EaP members to achieve progress in EU approximation.

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