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. |
Airports Association says lack of government action to boost competition leading to high faresGP practices asking patients to pay before seeing a doctor due to bill skippingCanada's Trudeau says he often mulls quitting his 'crazy job' but will stay onWhat is happening with the NZ housing market this week?WorkSafe interim chief executive Steve Haszard resigns months into jobIran vows revenge on Israel after Damascus embassy attackWatch: PM Christopher Luxon speaks at first postSchool camp bus breaks down, then catches fire while being towedTaiwan earthquake injuries top 1000, missing hotel workers foundNew operators of Tūroa Ski Field reveal discounts for former life