travel

EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process

Font size+Author:Culture Circuit news portalSource:style2024-05-07 20:38:22I want to comment(0)

BRUSSELS (AP) — EU countries approved a plan worth 6 billion euros ($6.45 billion) to support Wester

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.

Related articles
  • Revealed: The '18 DEMANDS' Muslim Vote group issued to Keir Starmer after dozens of pro

    Revealed: The '18 DEMANDS' Muslim Vote group issued to Keir Starmer after dozens of pro

    2024-05-07 20:15

  • Flowers, candles, silence as Serbia marks the 1st anniversary of mass shooting at a Belgrade school

    Flowers, candles, silence as Serbia marks the 1st anniversary of mass shooting at a Belgrade school

    2024-05-07 19:46

  • Eighties heart

    Eighties heart

    2024-05-07 18:51

  • Bangladesh wins toss and bowls against Zimbabwe in Twenty20 opener

    Bangladesh wins toss and bowls against Zimbabwe in Twenty20 opener

    2024-05-07 18:38

Netizen comments