6 billion euros for the Western Balkans: How much will Kosovo benefit from this amount?

The European Union's funds for economic growth in the Western Balkans can only be exploited if conditions are respected and in the event of illegal use of them, countries will be forced to return them. So stated EU Director General for Enlargement and Neighborship Negotiations Gert Jan Coopmann, during an ongoing discussion [...]
The European Union's funds for economic growth in the Western Balkans can only be exploited if conditions are respected and in the event of illegal use of them, countries will be forced to return them.
Thus has EU Director General for Enlargement and Neighborship Negotiations Gert Jan Koopman declared during a discussion held on Wednesday at the EU Commission for Foreign Policy and Buzhet.
He has said that payments from the Plan for Economic Growth will be conducted only after there is evidence that necessary reforms have been undertaken.
Of the six countries in the region are required to have action plans for reform, and their fulfillment will be assessed twice a year.
Regarding these funds, Deputy Prime Minister Besnik Bislimi has said Kosovo will target 950m euros within four years.
“We fully support the approach that conditions EU funds on accepting EU values.
This plan brings region around 6 billion euros, meanwhile, Kosovo benefits 950m euros within four years in grants and loans, or credit that is in concession or under convenient conditions”, Bislimi said today at the Commission for European Integration, yWake up.
According to the European Commission, half the means from the Development Plan in the Western Balkans region will go into the investment framework, because existing tools that are available are not enough to carry out the needed investments.
The rest will go directly to the country's budget, to finance some of the necessary reforms./Periscopi












