EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
Time:2024-05-07 20:26:46 Source:worldViews(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:Top secret D
Next:Janet Jackson to play 2024 Essence Fest instead of the Smoothie King Center this summer
You may also like
- Formula 1 tycoon's ex
- Ibotta IPO: Shares of Walmart
- Georgia governor signs income tax cuts as property tax measure heads to November ballot
- A reset at running back might look different for the Cowboys 8 years after drafting Ezekiel Elliott
- John Swinney is crowned as SNP leader
- Georgia governor signs income tax cuts as property tax measure heads to November ballot
- Tennessee State hires coach in big step to being the first HBCU to add ice hockey
- Google fires 28 employees after protest against cloud contract with Israel
- Woods Richardson allows 1 hit in 6 shutout innings with 8 strikeouts as Twins beat Mariners 3