Brussels, 04/07/2011 (Agence Europe) - On Monday 4 July, the European Commission adopted a legislative proposal modifying the regulation enshrining the macro-financial assistance of the European Union to neighbour third states struggling for cash resources. The aim of this text is to speed up the disbursement of funds and clarify which neighbour third countries of the EU are eligible for the mechanism.
Currently, all requests for macro-financial assistance are subject to a specific...