FEMIP for the Mediterranean

FEMIP builds on the long-standing financial cooperation with the southern and eastern Mediterranean countries going back more than 30 years. A lending envelope of EUR 9.7 billion has been made available to the nine Mediterranean partner countries for the period 2007-2013. These resources are augmented by EUR 2 billion for financing projects of mutual interest to the European Union and the Mediterranean partner countries and by EU budget resources for technical assistance and private equity activities.