Current:Home > StocksWestern Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc -FundCenter
Western Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc
View
Date:2025-04-16 02:59:27
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! (54212)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Doctors left her in the dark about what to expect. Online, other women stepped in.
- Which celebs are supporting Harris and Trump? Beyoncé, Taylor Swift, Amber Rose, Jason Aldean, more
- On the Wisconsin-Iowa Border, the Mississippi River Is Eroding Sacred Indigenous Mounds
- Where will Elmo go? HBO moves away from 'Sesame Street'
- A second high court rules that Japan’s ban on same-sex marriage is unconstitutional
- 2024 MLB Gold Glove Award winners: Record-tying 14 players honored for first time
- When does the new season of 'Yellowstone' come out? What to know about Season 5, Part 2 premiere
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- 9 Years After the Paris Agreement, the UN Confronts the World’s Failure to Reduce Greenhouse Gas Emissions
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Hindered Wildfire Responses, Costlier Agriculture Likely If Trump Dismantles NOAA, Experts Warn
- Drake London injury update: Falcons WR suffers hip injury after catching TD vs. Cowboys
- Harris won’t say how she voted on California measure that would reverse criminal justice reforms
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Boeing machinists are holding a contract vote that could end their 7-week strike
- Biden declares major disaster area in southeast New Mexico due to historic flooding
- October jobs report shows slower hiring in the wake of strikes, hurricanes
Recommendation
Don't let hackers fool you with a 'scam
Hurricane-Related Deaths Keep Happening Long After a Storm Ends
Hugh Jackman Marvelously Reacts to Martha Stewart's Comments About Ryan Reynolds' Humor
Opponents use parental rights and anti-trans messages to fight abortion ballot measures
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Dak Prescott injury update: Cowboys QB shares outlook for next week vs. Eagles
A presidential campaign unlike any other ends on Tuesday. Here’s how we got here
Richard Moore executed in South Carolina after governor rejects clemency arguments