Current:Home > StocksWestern Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc -FinTechWorld
Western Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc
View
Date:2025-04-12 08:42:31
SKOPJE, North Macedonia (AP) — The leaders of Western Balkan countries pledged Monday to make full use of the European Union’s financial support plan of six billion euros (about $6.5 billion) as they continue to seek membership in the bloc.
Serbia, Kosovo, Bosnia, Montenegro, North Macedonia and Albania are at different stages of the accession process. Their leaders gathered in North Macedonia’s capital, Skopje, and said in a joint statement they were committed “to the development of their countries to follow European standards.”
In November, the European Commission presented a Growth Plan for the Western Balkans to enhance economic integration with the EU’s single market, boost regional economic integration, accelerate fundamental reforms, and increase financial assistance.
The plan includes a proposed six billion euro reform and growth scheme to be given out over three years, 2024-2027, contingent on agreed reforms. Its main aim is to help double the Western Balkans’ economy throughout the next decade. The funding hopes to address frustration among residents of candidate countries with the slow pace of the membership process, as well as maintain the countries’ alignment with the West as Russia’s war against Ukraine continues.
Present at Monday’s meeting were Serbian President Aleksandar Vucic, Albanian prime minister, Edi Rama, Kosvo’s Albin Kurti, Montenegro’s Milojko Spajic and the North Macedonian premier, Dimitar Kovachevski
The U.S. Assistant Secretary of State for European and Eurasian Affairs, James O’Brien, and the Director General for Neighborhood and Enlargement Negotiations at the European Commission, Gert Jan Kopmann, were also present.
“Each country is responsible for its own reforms and for working with as many of its neighbors as it can,” O’Brien said. “So now, the countries that seize the initiative will get the benefits sooner and they will not have to wait until some unrelated dispute is resolved,” he said.
veryGood! (6)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Indiana boy, 2, fatally struck by an SUV at a Michigan state park
- Man arrested in kidnapping, death of Andrea Vasquez, 19, in Southern California
- Lawsuit settled over widespread abuse of former students at shuttered West Virginia boarding school
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Aaron Rodgers no longer spokesperson for State Farm after 12-year partnership, per report
- Turtle Salmonella outbreak? CDC warns the pets may be responsible as 11 states report cases
- Authorities investigate whether BTK killer was responsible for other killings in Missouri, Oklahoma
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Montana youth climate ruling could set precedent for future climate litigation
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Gwyneth Paltrow’s Body Double Says She Developed Eating Disorder After Shallow Hal Movie Release
- Dollar Tree and Family Dollar agree to take steps to improve worker safety at the bargain stores
- Authorities investigate whether BTK killer was responsible for other killings in Missouri, Oklahoma
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Gwyneth Paltrow’s 'Shallow Hal' body double struggled with disordered eating: 'I hated my body'
- Causeway: Part stock fund + part donor-advised fund = A new bid for young donors
- 2023 US Open: Time, TV, streaming info for year's fourth and final Grand Slam
Recommendation
Arkansas State Police probe death of woman found after officer
5 hurt, 1 critically, when a wall collapses at a Massachusetts construction site
Southern Indiana egg farmer John Rust announces bid for Republican nod for US Senate in 2024.
Sofia Coppola Reacts to 16-Year-Old Daughter Romy’s Viral TikTok About Being Grounded
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Melissa Joan Hart was almost fired off 'Sabrina the Teenage Witch' after racy Maxim cover
Ethiopia launching joint investigation with Saudi Arabia after report alleges hundreds of migrants killed by border guards
Hunters kill elusive Ninja bear that attacked at least 66 cows in Japan