Phare

: (Photo: European Commission)

An aid programme, which supports the reform process in Eastern and Central Europe by financing projects. Established in 1989 by 24 rich countries and co-ordinated by the EU Commission. Currently Phare is the most important programme in relation to the candidate countries EU membership preparations.
The EU's support for this in 1995-1999 was 6.7 billion Euro and 10 billion for 2000-2006.

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