EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
Time:2024-05-07 20:31:38 Source:entertainmentViews(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:Point guard Deivon Smith transferring to St. John's from Utah
Next:Coach Amorim vows to stay with Sporting Lisbon after winning another Portuguese league
You may also like
- Shaquille O'Neal kept 'going missing' says ex
- China Sees Growth in Number of Popular
- 40th Anniversary of China National Children's Center Celebrated in Beijing
- Hong Kong Launches English Version of 1st Volume of Local Chronicles
- OKC's Gilgeous
- China Steps up Efforts to Increase People's Scientific Knowledge
- SW China's Banxi Village Enters Fruits Harvest Season
- China Launches Campaign to Improve People's Digital Skills
- Terrifying moment truck goes off