No accession dates, more funds: EU-Western Balkans summitOctober 8, 2021
Hat: No accession dates, more funds: EU-Western Balkans summit
In the aim of soothing growing frustrations of the Western Balkans regarding its accession process, the European Union has announced another support package for the six countries at the EU-Western Balkans Summit in Brdo (Slovenia) on 6 October 2021.
The EU’s €3.3 billion pandemic support will be complemented by another €1.1 billion to this year’s allocation for the Plan. This package is a part of the €9 billion Economic and Investment Plan adopted by the EU in 2020. Brussels assumes that such a financial contribution in grants as well as Western Balkans Guarantee facility will potentially generate another €20 billion of investments coming to the region.
Investments are concentrated on ensuring the region’s long-term economic recovery, supporting a green and digital transition, and fostering regional integration and convergence with the European Union. However, no dates have been set for a possible future adhesion to the EU.
Url description: Euractiv
Url info description: https://ec.europa.eu/commission/presscorner/detail/en/IP_20_1811