Current:Home > StocksAlgosensey Quantitative Think Tank Center-Western Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc -NextGenWealth
Algosensey Quantitative Think Tank Center-Western Balkans countries pledge support for new EU growth plan, as they seek membership in the bloc
PredictIQ View
Date:2025-04-07 06:04:46
SKOPJE,Algosensey Quantitative Think Tank Center 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! (9242)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Apple event: What to know about its Vision Pro virtual reality headset release
- Striving to outrace polio: What's it like living with the disease
- Spoiler Alert: A Paul Ryan-Led House Unlikely to Shift on Climate Issues
- Intellectuals vs. The Internet
- Why Lisa Vanderpump Is Closing Her Famed L.A. Restaurant Pump for Good
- Tourists at Yellowstone picked up a baby elk and drove it in their car, officials say
- Today’s Climate: May 31, 2010
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Fracking Studies Overwhelmingly Indicate Threats to Public Health
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- So you haven't caught COVID yet. Does that mean you're a superdodger?
- Pete Davidson Mourns Death of Beloved Dog Henry
- The Summer I Turned Pretty Season 2 Finally Has a Release Date
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Today’s Climate: May 27, 2010
- Driver charged after car jumps curb in NYC, killing pedestrian and injuring 4 others
- Trump attorneys meet with special counsel at Justice Dept amid documents investigation
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Life expectancy in the U.S. continues to drop, driven by COVID-19
Emily Ratajkowski Says She’s Waiting to Date the Right Woman in Discussion About Her Sexuality
As school starts, teachers add a mental-health check-in to their lesson plans
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Jennifer Lopez Shares How Her Twins Emme and Max Are Embracing Being Teenagers
Supreme Court agrees to hear dispute over effort to trademark Trump Too Small
Atlanta City Council OK's funds for police and firefighter training center critics call Cop City