Current:Home > FinanceWestern Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc -TradeCircle
Western Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc
View
Date:2025-04-18 10:47:36
SKOPJE, North Macedonia (AP) — The leaders of Western Balkan countries pledged Monday to make full use of the European Union’s financial support plan of six billion euros (about $6.5 billion) as they continue to seek membership in the bloc.
Serbia, Kosovo, Bosnia, Montenegro, North Macedonia and Albania are at different stages of the accession process. Their leaders gathered in North Macedonia’s capital, Skopje, and said in a joint statement they were committed “to the development of their countries to follow European standards.”
In November, the European Commission presented a Growth Plan for the Western Balkans to enhance economic integration with the EU’s single market, boost regional economic integration, accelerate fundamental reforms, and increase financial assistance.
The plan includes a proposed six billion euro reform and growth scheme to be given out over three years, 2024-2027, contingent on agreed reforms. Its main aim is to help double the Western Balkans’ economy throughout the next decade. The funding hopes to address frustration among residents of candidate countries with the slow pace of the membership process, as well as maintain the countries’ alignment with the West as Russia’s war against Ukraine continues.
Present at Monday’s meeting were Serbian President Aleksandar Vucic, Albanian prime minister, Edi Rama, Kosvo’s Albin Kurti, Montenegro’s Milojko Spajic and the North Macedonian premier, Dimitar Kovachevski
The U.S. Assistant Secretary of State for European and Eurasian Affairs, James O’Brien, and the Director General for Neighborhood and Enlargement Negotiations at the European Commission, Gert Jan Kopmann, were also present.
“Each country is responsible for its own reforms and for working with as many of its neighbors as it can,” O’Brien said. “So now, the countries that seize the initiative will get the benefits sooner and they will not have to wait until some unrelated dispute is resolved,” he said.
veryGood! (79)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- ESPN Analyst Troy Aikman Jokes He’s in Trouble for Giving Taylor Swift Nickname During Chiefs Game
- Opinion: Messi doesn't deserve MVP of MLS? Why arguments against him are weak
- Supreme Court to hear challenge to ghost-gun regulation
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- 'Time is running out': Florida braces for monster Hurricane Milton. Live updates
- Powerball winning numbers for October 7: Jackpot rises to $315 million
- This Montana Senate candidate said his opponent ate ‘lobbyist steak.’ But he lobbied—with steak
- Current, future North Carolina governor’s challenge of power
- How would Davante Adams fit with the Jets? Dynamic duo possible with Garrett Wilson
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- 106 Prime Day 2024 Beauty Products That Rarely Go on Sale: Your Ultimate Guide to Unmissable Deals
- New charges filed against Chasing Horse just as sprawling sex abuse indictment was dismissed
- Heidi Klum Teases Her Claw-some Halloween Costume
- Former Syrian official arrested in California who oversaw prison charged with torture
- Florida Panthers Stanley Cup championship rings feature diamonds, rubies and a rat
- Lunds & Byerlys' Lone Star Dip recalled due to 'potential mold growth contamination'
- Caitlin Clark will compete in LPGA's The Annika pro-am this November
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Patriots' Jabrill Peppers facing assault charge in alleged domestic violence incident
Nell Smith, Flaming Lips Collaborator and Music Prodigy, Dead at 17
Popular Nintendo Switch emulator Ryujinx shuts down amid crackdown from Nintendo
Don't let hackers fool you with a 'scam
Megan Thee Stallion's New Look Has the Internet Thirsting
Taylor Swift Celebrates Chiefs’ “Perfect” Win While Supporting Travis Kelce During Game
The Daily Money: America is hiring