Kosovo lost 43.4m euros to EU funds, they were abandoned to Serbia (Graficion)

Kosovo lost 43.4m euros to EU funds, they were abandoned to Serbia (Graficion)

Kosovo has lost 43.4m euros from the European Union's IPAU funds in August 2018. So has the Institute. EPIK in his first monitoring report on EU funds related to the integration process of Kosovo. Based on statistics presenting EPIK, it is seen how millions of euros [...]

“The Instrument for Pre-Accession Assistance (IPA) is the EU's main financial instrument by which the EU supports the implementation of Kosovo reforms in the integration process. During the period 2007-2014, Kosovo had benefited $650 million from IPA funds. In August 2014, for the period 2014-2020, the EU welcomed the Financial Indicative Strategy, which accommodates Kosovo's $645.5m” budget, suggests EPIC in their analysis.

“in April 2018, European Integration Minister appointed National Coordinator for The IPA, responsible for co-ordinating EU assistance to Kosovo. In August 2018, budgetary regulations were revised for all Western Balkan countries, and as a result, Kosovo lost $43.4 million and therefore the entire budget for 2014-2020 has dropped to $602.1 million”, this Institute reports further.

The EU's budget for Serbia increased by $31 million from $1.50 billion in 2014 to $1.53 billion in 2018. And for Montenegro, it increased for $8.6 million from $270.5 million in 2014 to €279.1 million in 2018”, until the announcement.

The priorities set for funding from IPAU funds are: democracy and good governance, rule of law and fundamental rights, environment, climate change, energy, increased competitiveness, innovation, agriculture and rural development, education, employment and social policies. /Periscopi/

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