EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
Time:2024-05-08 02:56:42 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:Money isn't enough to smooth the path for Republican candidates hoping to retake the Senate
Next:The yearly memorial march at the former death camp at Auschwitz overshadowed by the Israel
You may also like
- REVEALED: Michelin Guide names its first
- Rangers aware of Presidents' Trophy curse as they face Carolina Hurricanes in second round
- Aaron Judge tossed for 1st time, Rizzo hits 3
- Channing Tatum brands ex
- Lando Norris enjoys a low
- Chrissy Teigen rocks tiny bra top under berry
- Jared Jones dazzles, Jack Suwinski provides walk
- Rays beat Mets 3
- GOP secretary of state who spoke out against election denialism wins JFK Profile in Courage Award