|Printable version||E-mail this to a friend|
New EU support to boost socio-economic development & regional cooperation in the Southern Mediterranean
The European Neighbourhood Policy in action: €129 million new EU support for socio-economic development, regional cooperation and youth empowerment in the Southern Neighbourhood region.
The European Union yesterday announced a new assistance package of over €129 million to support socio-economic development, job creation and youth empowerment in the Southern Mediterranean. This assistance is provided through the European Neighbourhood Instrument in the framework of the renewed European Neighbourhood policy.
Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, commented: “This new funding will boost socio-economic development and job creation in our neighbours countries. It will make a difference in citizens’ daily lives and improve their living conditions. It will also tackle security and youth empowerment, two key areas of our EU support which are crucial for bringing more stability to this volatile region.”
Yesterday’s assistance package includes over €88 million to support bilateral cooperation projects that will benefit citizens in Egypt (€50 million) and Palestine  (€38.6 million) through enhanced socio-economic development and job creation, promotion of women rights, improved water resource management and youth empowerment.
In addition, over €41 million will fund regional cooperation programmes which will benefit the Southern Neighbourhood region as a whole and tackle major common regional challengesfaced by the partner countries, such as job creation, security, socio-economic inclusionand youth empowerment. These regional projects will complement the bilateral cooperation projects.
For more information:
European Neighbourhood Policy and Enlargement Negotiations: http://ec.europa.eu/enlargement/neighbourhood/southern-neighbourhood/index_en.htm
EU Neighbourhood Info Centre:http://www.enpi-info.eu/
This designation shall not be construed as recognition of a State of Palestine and is without prejudice to the individual positions of the Member States on this issue.
Latest News from
Parliament demands better protection for small investors03/12/2016 10:15:00
Small investors need better information about the possible risks & fees for investment products they might buy, say MEPs.
Simpler website navigation for regulatory information on human medicines03/12/2016 08:15:00
The European Medicines Agency (EMA) has simplified the navigation structure of the regulatory information on human medicines on its website, to help users from pharmaceutical companies find the information they need more quickly and easily.
EU and Germany reach agreement on a fair and non-discriminatory road charging scheme02/12/2016 16:27:00
After years of discussions between the EC and the German authorities, both parties agreed on a solution to put an end to the legal dispute over the planned introduction of a road charge for passenger cars in Germany.
European fund for sustainable development: Council agrees negotiating position02/12/2016 16:10:00
On 1 December 2016, the Permanent Representatives Committee (Coreper) agreed on the Council's negotiating position on the regulation on the European fund for sustainable development (EFSD) and establishing the EFSD guarantee and the EFSD guarantee fund. The text will be presented for adoption to the Council in December 2016.
‘Avalanche’ network dismantled in international cyber operation02/12/2016 15:37:00
After more than four years of investigation, the Public Prosecutor’s Office Verden and the Lüneburg Police (Germany), in close cooperation with the United States Attorney’s Office for the Western District of Pennsylvania, the Department of Justice and the FBI, Eurojust, Europol and global partners, dismantled an international criminal infrastructure platform known as ‘Avalanche’.