EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
Time:2024-05-07 20:53:55 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:Understanding Xi's Quotes on Conservation of Yellow River
Next:In pics: Snow Town scenic spot in Hailin City, Heilongjiang
You may also like
- Xi Jinping: Guarding Tropical Rainforest
- NW China's Zhaosu County Enters Peak Tourism Season in Summer
- Volleyball Ignites Latest Rural Sports Passion on China's Tropical Island
- Authorities Plan Major HPV Vaccine Drive
- Xi Stresses Unique Role of Auditing in Party's Self
- Chinese City of Youth, Chengdu, Bracing for World University Games
- Torch Relay of 19th Asian Games Continues in Jinhua
- China Celebrates National Day with Jubilation and Hope
- HK eases restrictions on travel, integrates with national devt