EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
Release time：2024-05-07 20:25:04 Source：Stellar Stories news portal
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：Kim Kardashian is relentlessly BOOED by the crowd at Tom Brady roast in her hometown of Los Angeles
- Next：The yearly memorial march at the former death camp at Auschwitz overshadowed by the Israel
Related articles
- Kim Kardashian's Met Gala moments! A look back at every outfit the star has worn on the red carpet
- New Hampshire getting $20M grant to help reconstruct coastal seawalls
- Ooh la lovely! Inside one of Paris's hottest new hotels
- Brit, 22, plunges to his death from fifth
- Georgia's attorney general says Savannah overstepped in outlawing guns in unlocked cars
- Baltimore leaders accuse ship's owner and manager of negligence in Key Bridge collapse
- I left my McDonald's Big Mac out for a year
- 5 found dead in Oklahoma home, including 2 children, police say
- Dunkin' Donuts employee reveals the biggest pet peeves she has against drive
- Lowry, Connor propel Jets to 7
- Chinese company breaks ground on Serbia's National Stadium
- Serie A title, second star and derby: Inter takes it all with win over Milan
- Cleveland Guardians are off to a blazing start with MLB's best record under rookie manager
- Yangtze River Delta put into focus
- The EU's executive decides to end legal standoff with Poland over democracy concerns
- West Virginia confirms first measles case since 2009
- PEN America calls off awards ceremony amid criticism over its response to Israel
- Philippine troops kill 12 suspected Muslim rebels in clash that wounded seven soldiers
- Baja California: How a beach trip turned deadly for surfers from Australia and US
- Chinese generosity in lead
Random recommendation