EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
Time:2024-05-07 21:45:57 Source:opinionsViews(143)
BRUSSELS (AP) — EU countries approved a plan worth 6 billion euros ($6.45 billion) to support Western Balkan states on Tuesday aimed at accelerating reforms and economic growth in the region, as they seek future membership in the bloc.
The Council of the European Union said the plan, which covers the period from 2024 to 2027, is expected to provide up to 2 billion euros in grants ($2.15 billion) and 4 billion euros ($4.3 billion) in loans. Aid is contingent on reforms that would bring Western Balkan economies in line with EU rules.
“The facility will support a range of socio-economic and fundamental reforms, including reforms related to the rule of law and fundamental rights,” the Council said.
The region’s six countries — Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia — are at different stages in their applications for membership, but residents have been frustrated with the slow pace of the process. Croatia was the last country to be accepted by the EU in 2013.
Previous:Revealed: The '18 DEMANDS' Muslim Vote group issued to Keir Starmer after dozens of pro
Next:China's smartphone shipments reach 69.3 mln units in Q1
You may also like
- Defending national champion LSU boosts its postseason hopes with series win against Texas A&M
- Children's Health Continues to Improve
- Zero Tolerance for Sexual Assault Against Minors: Top Procuratorate
- China to Launch TCM Pilot Projects on Myopia Prevention
- Putin is starting his 5th term as president, more in control of Russia than ever
- China to Enhance Regulation of Off
- China's Ma Long, Wang Manyu through at WTT Champions
- Children View Lanterns at Lantern Making Center in Hebei
- Moyes leaving West Ham at the end of the season. Lopetegui linked as the replacement