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. |
Kowalczyk's first career goal sends Dynamo past Minnesota United 2Indian gov't decides to extend food security scheme for 5 yearsChinese companies break ground on Serbia's expresswayIn politically riven Pennsylvania, primary voters will pick candidates in presidential contest yearTwo people die in south India amid heavy rains ahead of cyclone MichaungClark Laidlaw: a Scot in Super Rugby. New Hurricanes coach makes a mark.Interview: China responsible, proactive player in global climate governance, says Kuwaiti expertSex crimes charges dropped against California Marine after missing teen found in barracksRoyal gardener reveals top tips to get rid of slugs and snailsTruce deal in Gaza enters into force