European Commission to allocate Euro 1 mln in partnership policy expenditures

European Commission to allocate Euro 1 mln in partnership policy expenditures
December 7, 2011 - 18:13 AMT

PanARMENIAN.Net - The European Commission adopted budget proposals for its external instruments from 2014-2020. They will allow the Union to fulfil its responsibility on the global stage: fighting poverty and promoting democracy, peace, stability and prosperity.

The package covers the full range of external support under the EU budget and includes: A Joint Communication to the European Parliament and the Council: "Global Europe" and the legislative proposals for nine geographic and thematic instruments accompanied by a common implementing regulation, European Commission website reported.

The total amount proposed for these nine instruments is €96,249.4 million over the period 2014-2020, including Pre-accession instrument (IPA): €14,110 million; European Neighbourhood Instrument (ENI): €18,182 million; Development Cooperation Instrument DCI): €23,295 million; Partnership Instrument (PI): €1,131 million; Instrument for Stability (IfS): €2,829 million; European Instrument for Democracy & Human Rights (EIDHR): €1,578 million; Instrument for Nuclear Safety Cooperation: €631 million; Instrument for Greenland: €219 million; European Development Fund (EDF, outside EU Budget): €34,276 million.

On the new European Neighbourhood and Pre-accession instruments Commissioner for Enlargement and European Neighbourhood Policy Stefan Fule commented: "These new instruments will allow us to respond even better in the future to our partner's needs and ambitions. Through the new European Neighbourhood Instrument and the Instrument for Pre-accession Assistance, support to our neighbours will become faster and more flexible."

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