The FINANCIAL -- The European Commission on July 1 adopted a decision to allocate €12 million to the European Endowment for Democracy (EED), financing the core functioning of the foundation for the period end 2015 to 2018.
The €12 million allocated will also finance conferences, seminars, publications, networking events, training courses and other activities organised by the EED, according to EU Neighbourhood Info.
Established at the end of 2012, the EED provides grants to organisations and activists working to promote democracy and human rights and who do not have access to other funding mechanisms.
The geographical focus of the EED was initially the European Neighbourhood region. In December 2014, its geographic mandate was broadened, and the EED can now act outside of the Neighbourhood region.