A new newsletter has been launched by the PHARE Programme of economic aid to certain countries of Central and Eastern Europe. The first issue of the newsletter, entitled INFOPHARE, provides an overview of the PHARE programme and highlights new developments. The year 1993 saw many advances in the efficiency and targeting of assistance under this programme. PHARE's 1993 budget was ECU 1,005.25 million, committed to a wide variety of programmes to underpin the reform process in the eleven beneficiary countries (Albania, Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia). This effort has produced a demonstrable strengthening of the European Union's contribution to the establishment of democracy in the targeted countries. The first issue of INFOPHARE also describes the economic contribution to these countries made by projects funded under the ACE programme (Action for Cooperation in the field of Economics). A total of 234 projects will promote links between professional and research economists in the EU and the targeted countries, focusing on research that is specific to economies in transition.
Albania, Bulgaria, Czechia, Estonia, Hungary, Lithuania, Latvia, Poland, Romania, Slovenia, Slovakia