External Action Guarantee: Council greenlights targeted amendments to enhance efficiency and flexibility

Press release

The Council on 30 March 2026 formally adopted targeted amendments to the regulation establishing the Neighbourhood, Development and International Cooperation Instrument – Global Europe (NDICI-Global Europe), aimed at increasing the efficiency and effectiveness of the External Action Guarantee (EAG).

The EAG is one of the EU’s key instruments for supporting investments outside the Union by reducing financial risks and mobilising public and private financing.

"With today’s adoption, we send a clear message: the EU is – and will remain – a reliable and predictable partner, ready to mobilise investment at scale and to act decisively where it matters most. "
Constantinos Kombos
Minister of Foreign Affairs of the Republic of Cyprus

Find more information on the official website of the Council of the EU.

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