(ANSAmed) - BRUSSELS, APRIL 04 - The EU's Neighbourhood
Investment Facility (NIF) last year approved 91.3 million euros
grant contributions in the Southern Neighbourhood. According to
the Enpi website (www.enpi-info.eu), last year NIF financed 15
projects in Southern and Eastern partner countries, for 142.3
million.
Last year had been ''a test year European Commissioner for
Neighbourhood Policy Stefan Fule said - for our cooperation
with the Neighbourhood region, full of historical moments and
challenges''. ''The Strategic Board - Fule added - agreed that
NIF support to the private sector and job creation shall remain
a priority for the coming years in order to quickly address the
economic and social situation that was at the root of the
revolutions''.
Nine projects in the Southern region were approved in 2011 (64% of funds), compared to six projects in the Eastern region.
Seven countries, including Egypt, Morocco, and Tunisia, directly benefited from a NIF grant last year, while substantial support was provided to regional projects in the South representing a total NIF contribution of 30 million euros. The bulk of support in 2011 was for infrastructure (79%) and the rest went to operations in support of private sector development. (ANSAmed)
Nine projects in the Southern region were approved in 2011 (64% of funds), compared to six projects in the Eastern region.
Seven countries, including Egypt, Morocco, and Tunisia, directly benefited from a NIF grant last year, while substantial support was provided to regional projects in the South representing a total NIF contribution of 30 million euros. The bulk of support in 2011 was for infrastructure (79%) and the rest went to operations in support of private sector development. (ANSAmed)
