The European Union works with its southern and eastern neighbours to promote peace, stability and economic prosperity in the whole region. Through the European Neighbourhood Policy, the EU supports political and economic reforms in Europe’s neighbouring countries.
The European Neighbourhood Policy was launched in 2004
16 countries are covered
€ 15.4 billion available for activities in the Neighbourhood for 2014-2020
€ 824 million estimated funding for the Regional South programme for 2014-2020
€741 - €906 million estimated funding for the Regional East programme for 2014-2020