Democracy foundation secures pledges of €11 million
The European Commission and Poland have pledged funds to the fledgling European Endowment for Democracy foundation. Other countries are expected to follow suit.
The fledgling European Endowment for Democracy this week secured pledges of €11 million to promote democracy in the European Union’s immediate neighbourhood.
An EU official said that the promises, from the European Commission and Poland, are likely to be followed in the coming weeks by commitments from other countries, including Sweden and the Netherlands. Switzerland, which is not a member of the EU, will also contribute.