Kosovo risks losing 60m euros from the Growth Plan if by June 30th, S dealt with required reforms

In the event of failing to implement further reforms by the end of the year, Kosovo risks losing more than 165m euros in additional EU funds.

Kosovo risks losing about 60m euros at the end of this month from the European Union's Growth Plan.

The country has so far failed to implement the first 13 reforming steps, until June 30th is the deadline for doing so.

Governments had left the blame to the lack of functional institutions.

To implement the necessary reforms, the people's representatives would have to pass certain laws on time, but the political stalemate has slowed and blocked their approval.

The loss of millions of EU economies is estimated to be a blow to the economy, broadcast rtk, Periscope follows.

The first 11 reforming steps Kosovo must implement by June 30th concern rule of law, governance, economic development, green and digital transition.

In December of this year is the deadline for another 27 reforms, whose failure to implement would lose the country more than 165m euros.

By the end of 2027, The EU has earmarked over 880m euros in grants and loans for Kosovo, if the conditions set by it are implemented.

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