Blockers Rejoice Over Frozen EU Fund Resources, Mali: Money Goes to Projects, Hospitals, and Schools

The Minister on frozen resources from the economic growth fund and blockers who rejoice over it

Blockers Rejoice Over Frozen EU Fund Resources, Mali: Money Goes to Projects, Hospitals, and Schools

TL;DR

  • Finance Minister Siniša Mali criticized media outlets that expressed joy over the potential freezing of EU funds.
  • Mali stated that these funds are intended for projects like building hospitals and schools.
  • Serbia has access to 1.6 billion euros from the economic growth fund, with 70-80 million euros already drawn.
  • The funds are a mix of loans and grants, with no net effect on the budget.
  • All funds are linked to the Serbian government's reform objectives on the path to the EU.