economy

Western Balkan Countries Received Money from Growth Plan, Serbia and BiH Left Without Payout in This Round

The European Commission has made available 49 million euros to Albania, 44.2 million euros to Montenegro, and 65.7 million euros to North Macedonia as part of the Western Balkans Growth Plan.

Western Balkan Countries Received Money from Growth Plan, Serbia and BiH Left Without Payout in This Round

TL;DR

  • The European Commission has allocated 49 million euros to Albania, 44.2 million euros to Montenegro, and 65.7 million euros to North Macedonia.
  • These payments are part of the Western Balkans Growth Plan, aimed at bringing benefits of membership before full EU accession.
  • Albania, Montenegro, and North Macedonia received funds after meeting specific reform criteria in areas like competitiveness, innovation, education, and digitalization.
  • Serbia and Bosnia and Herzegovina were excluded from this payment round as they have not fully met their reform obligations.
  • Serbia is awaiting two tranches totaling over 428 million euros, contingent on progress in the rule of law and Venice Commission recommendations.

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