EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
Time:2024-05-07 21:52:06 Source:politicsViews(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:Charlotte Crosby rocks a trendy white bikini while embarking on snorkelling excursion in Oz
Next:Winnipeg Jets coach Rick Bowness is retiring after 38 NHL seasons
You may also like
- China's Xi visits Pyrenees mountains, in a personal gesture by France's Macron
- Pasquantino, Melendez homer as Royals win 9
- Justin Verlander allows 2 runs over 6 innings in season debut for Astros in 5
- Pride beat Wave 1
- White Sox recall Mike Clevinger from Triple
- Tyler Freeman hits a 2
- UK cuts national insurance contributions for workers in spring budget
- 3 Northern California law enforcement officers charged in death of man held facedown on the ground
- Radek Faksa scores in return, Stars oust defending Stanley Cup champ Golden Knights 2