N1 learns: EU will freeze 1.5 billion funds intended for Serbia

EU will freeze money intended for Serbia, as the country is regressing in pro-European reforms, N1 has learned.

N1 learns: EU will freeze 1.5 billion funds intended for Serbia

TL;DR

  • Serbia may have 1.5 billion euros from the EU's "Growth Plan" frozen due to a lack of progress in pro-European reforms.
  • EU Commissioner for Enlargement, Marta Kos, is expected to announce this and has criticized Serbia's judicial reforms.
  • The final decision on the funds is pending the Venice Commission's opinion on the "Mrdić laws."
  • All six Western Balkan countries risk losing over 700 million euros if reform tasks are not met by June 30.
  • Marta Kos will alert countries to this deadline at an AFET meeting.