Phare
- (Photo: European Commission)
Phare
An aid programme, which supported 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.
The EU's support for this in 1995-1999 was 6.7 billion Euro and 10 billion for 2000-2006. Since 2006 PHARE has been restructured and replaced by the Instrument for Pre-Accession Assistance (IPA).
See also
Links:
Phare (EU Glossary): http://ec.europa.eu/enlargement/glossary/terms/phare_en.htm
IPA: http://europa.eu/scadplus/leg/en/lvb/e50020.htm
