On Friday 18 December, Member States’ ambassadors to the EU endorsed the political agreement reached three days earlier between the European Parliament and the EU Council on the single financial instrument for neighbourhood, development and international cooperation (NDICI) in the EU’s 2021–2027 budget.
The NDICI will benefit from EUR 79.462 billion in current prices for 2021–2027. The distribution of funds on a regional and thematic basis follows the guidelines of the July...