European Parliament and Council Agreement on the New Budget for IPA III
The European Parliament and the Council agreed on the 14 billion EUR budget for the new Instrument for Pre-Accession Assistance (IPA III) for the 2021-2027 Multiannual Financial Framework period. According to the European Parliament Foreign Affairs Committee (AFET), the upgraded pre-accession instrument strengthens conditionality regarding democracy, human rights, and the rule of law, envisaging the
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