an hour agoEuropean media: Kosovo to lose around 500m euros this year from EU funds
Periskopi(3 years ago)
(3 years ago)Kosovo could lose about 500m euros from EU funds by the end of 2023 due to sanctions adopted by the European Union following riots in the north between Kosovo Albanians and Serbs and Pristina's incompatible with requirements imposed by Brussels and Washington. So writes the European medium “Euroactiv”. [...]
Kosovo could lose about 500m euros from EU funds by the end of 2023 due to sanctions adopted by the European Union following riots in the north between Kosovo Albanians and Serbs and Pristina's incompatible with requirements imposed by Brussels and Washington.
So writes the European medium “Euroactiv”.
This medium has quoted the Alliance of Kosovo Business, which says it has warned that sanctions imposed by the European Union will harm Kosovo in diplomacy, economy and politics, and that it is one of the most disturbing moments since the country's 2008 declaration of independence.
The Kosovo Business Alliance warns how serious these measures are because it will seriously harm the economy by limiting funds from IPA funds, European Commission programmes, as well as suspending the Stabilisation and Association Agreement and suspending all bilateral meetings with the EU. . The government should be set on fire when it comes to relations with the EU and the US”, said the ABK report.
It emphasises that such measures are unlikely to encourage foreign investment, reducing Kosovo's economic growth and good reputation.
If this continues, by the end of the year, Kosovo could lose more than 500m euros in support of the export approved by the EU and does not rule out the possibility of extending the deadline for starting visa liberalisation for Kosovo”.
This medium stresses that Kosovo, the only country in the Western Balkans, will not accept funds from the European Union.
Kosovo has benefited from this mechanism since 2009, more than 1.8 billion euros distributed on 30 projects. These include building, rehabilitation of railways, and improving central heating and sewage systems.
On Monday, Kosovo Prime Minister Albin Kurti said the country's exclusion from the framework and other initiatives was unfair.
The “is meant for visits but also for temporary measures, which in my opinion are unfair”, adding that the value of “ngeura” is about 120m euros. /Periscopi/
