Within the 2004-2006 Neighbourhood Programme, Romania received EU financing through Phare CBC 2004-2006. The general aims of the projects financed by Phare CBC are:
- to promote cooperation between the border regions of countries from Central and Eastern Europe and the adjacent regions from the neighbour countries, and thus help the border regions in Central and Eastern Europe find solutions to their development issues;
- to promote the creation and development of cooperation networks between both sides of the border and to establish connections between these networks and the more developed networks of the Community.
Even if Phare CBC is a pre-accession financial instrument, it will also be used after 2007:
- either through projects that received financing before 2007 and are implemented after 2007;
- or through financing opportunities that will be announced after 2007