Current:Home > MarketsWestern Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc -AssetLink
Western Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc
View
Date:2025-04-13 16:54:43
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! (774)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Autopsies confirm 5 died of chemical exposure in tanker crash
- Northern Soul is thriving across the UK thanks to Gen Z looking to dance
- Trump to seek presidential immunity against E. Jean Carroll's 2019 damage claims
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Michael Irvin calls out son Tut Tarantino's hip-hop persona: 'You grew up in a gated community'
- Cuomo could have run again for New York governor, but declined for family reasons: former top aide.
- Russia seeks to undermine election integrity worldwide, U.S. assessment says
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Eagles vs. Dolphins Sunday Night Football highlights: Jalen Hurts, A.J. Brown power Philly
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Britney Spears' Full Audition for The Notebook Finally Revealed
- Winnebago County to pay $3.3 million to settle fatal police crash lawsuit
- Texas coach Steve Sarkisian provides update on quarterback Quinn Ewers' status
- The company planning a successor to Concorde makes its first supersonic test
- Trump to seek presidential immunity against E. Jean Carroll's 2019 damage claims
- Full transcript of Face the Nation, Oct. 22, 2023
- More than 1,600 migrants arrive on Spanish Canary Islands. One boat carried 320 people
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Quick genetic test offers hope for sick, undiagnosed kids. But few insurers offer to pay.
With another election cycle underway, officials aim to quell fears of voter fraud, rigging
Missing non-verbal Florida woman found in neighbor's garage 6 days after disappearance
Bodycam footage shows high
Rob McElhenney Enlists Chris Pratt to Deliver Parks and Wrex Birthday Present for BFF Ryan Reynolds
Court orders Russian-US journalist to stay in jail another 6 weeks
Lauryn Hill postpones Philadelphia tour stop to avoid 'serious strain' on vocal cords