exert a significant positive impact on real stocks of outward FDI to EU countries. We simulate the Agenda 2000 program and … obtain short-term and long-term effects of the EU country-specific changes in structural budgets on FDI to these countries. …

In this paper we would like to draw attention on the fact how important for the absorption of the EU funds might be … each country's or region's split of its financial portfolio between EU, national and private sources of co-financing. Based …