Berlin <x0economic> process”: More than 3 billion euros were allocated in 2022, Albania is receiving

Berlin <x0economic> process”: More than 3 billion euros were allocated in 2022, Albania is receiving

In 9 years since the Berlin process was launched, the EU has mobilised 9 billion euros for the region in grants and soft loans to invest in four major pillars shared in trade, investment, furniture and digital integration. In February 2022, the Economic and Investment Plan for the Western Balkans was introduced with 3.2 [...]

In 9 years since the Berlin process was launched, the EU has mobilised 9 billion euros for the region in grants and soft loans to invest in four major pillars shared in trade, investment, furniture and digital integration.

In February 2022, the Economic and Investment Plan for the Western Balkans was introduced, with 3.2 billion euros of investments to mobilise up to 30 billion euros. Investments are conducted through the Western Balkans Investment Framework, an institution established since 2009 and is a key part of the region's economic integration of the EU.

In total since 2009, we have received about 350m euros in grants, ranking fourth. Of these 270m euros have been on infrastructure projects, while energy projects come in second with 35m euros. Experts say that in addition to financial assistance, even a series of relief agreements such as that of lowering roting prices are the fundamental contribution of the Berlin process to the economy

The concrete achievements of the Berlin Process for me are three mobile agreements signed in Berlin, where for the first time the six Western Balkan countries are co-operating with each other to update the free movement of professions, recognition of diplomas, movement with ID cards. As for concrete projects for the Albanian side is Voree- Hani of Hoti's connection to the railway, it is Fierza's rehabilitation project, the Fierza rehabilitation project, is the solar panels installation project in the dam, and the information technology lab project at Albanian school”, Civil society expert Ardian Hakkaj says.

An indicator that has been focused on the integration process is now the Western Balkans' economic convergence towards the EU. The region's economies have gross domestic output of about 35% of the EU average, a profound margin. Already with the new <x0).%x1> The EU wants to double the economy of Albania and the region in 10 years. This meant that our country needs real GDP growth by over 4% per year. The EU is expected to engage an additional 30 billion euros, combined with grants and soft loans to achieve the goal. /tch/

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