10 minutes agoEU shares 14.2 billion for Balkan countries this time under conditions
Periskopi(5 years ago)
(5 years ago)At the plenary session of the Evorpian Parliament, MPs have provided green light for the new multi-year financial package of 14.2 billion euros. [Getty Images] IPA III for the seven countries involved in the European Union enlargement process. These vehicles will be divided for Albania, Serbia, Bosnia, Kosovo, Montenegro and Turkey for a period of seven [...]
These vehicles will be separated for Albania, Serbia, Bosnia, Kosovo, Montenegro and Turkey for a period of seven years.
Tools in question will help the countries mentioned above address reforms required before EU membership.
This time innovation is increasing the role of the European Parliament to control the exploitation of tools and the possibility of them being reduced but also suspended.
“The overall goal of the IPA III is to rely on the adoption and implementation of political, institutional, legal, administrative, social and economic reforms to adapt to EU values and gradually comply with EU laws, standards and policies”, the European Parliament's communiqué reportedly making the decision to comply with this financial package.
Parliament has this time made it clear that it will not hesitate to suspend aid, which will be conditioned on rule of law by these candidate and potential candidates.
