06/06/2006
Economic Review of ENP Countries is the second issue of the “ European Neighbouring Policy”. It reflects ongoing work in the Unit “ Economic Affairs of Mediterranean Countries, Russia and the New Independent States. Economic Aspects of the Neighbourhood Policy”.
Thanks to some reform progress and a booming world economy, growth has picked up in the European Neighbourhood Policy (ENP) countries. The promotion of economic growth is an underlying aim of the European Neighbourhood Policy (ENP) since the ENP’s objective is to share the benefits of the enlarged EU with neighbouring countries in strengthening stability, security and well-being for all concerned. For the Mediterranean partner countries, this aim was already enshrined in the 1995 Barcelona Declaration which sets out the following objectives : acceleration of the pace of sustainable socio-economic development ; improvement of the living conditions of their populations, increase in the employment level and reduction in the development gap in the Euro-Mediterranean region. Achieving these objectives requires sustainable economic growth.
