Current:Home > NewsWestern Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc -Wealth Impact Academy
Western Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc
View
Date:2025-04-20 09:42:15
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! (3756)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Experts say Wisconsin woman who at 12 nearly killed girl isn’t ready to leave psychiatric center
- Delta is changing how it boards passengers starting May 1
- Shannen Doherty, Holly Marie Combs and More Charmed Stars Set for Magical Reunion
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- The Daily Money: A car of many colors
- Henry Smith: Challenges and responses to the Australian stock market in 2024
- Inflation came in hot at 3.5% in March, CPI report shows. Fed could delay rate cuts.
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Voter fraud case before NC Supreme Court may determine how much power state election officials have
Ranking
- Meta releases AI model to enhance Metaverse experience
- First Muslim American appellate court nominee faces uphill battle to salvage nomination
- Jets QB Aaron Rodgers was 'heartbroken,' thought career might be over after tearing Achilles
- Federal appeals court hearing arguments on nation’s first ban on gender-affirming care for minors
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- 'Daunting' Michael Jackson biopic wows CinemaCon with first footage of Jaafar Jackson
- Stamp prices poised to rise again, for the 2nd time this year
- Iowa governor signs bill that gives state authority to arrest and deport some migrants
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
6 months into Israel-Hamas war, Palestinians return to southern Gaza city Khan Younis to find everything is destroyed
Frozen Four times, TV for NCAA men's hockey tournament, Hobey Baker Award
It's National Siblings Day! Video shows funny, heartwarming moments between siblings
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
TikTokers and Conjoined Twins Carmen & Lupita Address Dating, Sex, Dying and More in Resurfaced Video
Tennessee Senate passes bill allowing teachers to carry guns amid vocal protests
Oakland’s airport considers adding ‘San Francisco’ to its name. San Francisco isn’t happy about it