Current:Home > ScamsEU chief says investment plan for Western Balkan candidate members will require reforms -FutureFinance
EU chief says investment plan for Western Balkan candidate members will require reforms
View
Date:2025-04-11 20:42:18
SKOPJE, North Macedonia (AP) — The European Commission’s top official said Monday that a decade-long investment package for Western Balkan countries seeking to join the bloc could vastly improve the region’s economy but is conditioned on required reforms.
EU Commission President Ursula von der Leyen discussed details of the 6 billion euro ($6.37 billion) package during a visit to North Macedonia’s capital, Skopje, at the start of a four-day trip to the region. EU leaders presented the package at a Western Balkans meeting in Albania earlier this month.
At a news conference Monday with North Macedonian Prime Minister Dimitar Kovachevski, von der Leyen said the EU package had the potential to double North Macedonia’s economy within a decade. “That is the goal, and it will play an important role in your path towards the EU,” she said.
She said the plan would allow Western Balkan companies access to key sectors of the block’s single market, while at the same time countries in the region would be expected to open their own markets to their neighbors.
“If completed, the common regional market could increase (Gross Domestic Product) by 10% in the Western Balkans,” she said.
Von der Leyen also stressed the need for the Western Balkans to carry on “positive reforms.”
She said North Macedonia should secure efficient public administration, sound public finances and an independent judiciary. It also needs to better fight corruption, she said.
Later Monday, the EU commission chief visited Kosovo and underlined that the bitter dispute between Serbia and Kosovo, a former Serbian province that declared independence in 2008, remains a great concern for the EU. Serbia has refused to recognize Kosovo’s independence.
“We can only achieve all these steps forward and successes if Kosovo and Serbia normalize their relations,” she said at a news conference after meeting with Kosovar President Vjosa Osmani.
An EU-facilitated dialogue to normalize ties has failed to go in the right direction, especially following a recent shootout between masked Serb gunmen and Kosovo police that left four people dead and sent tensions soaring in the region.
Von der Leyen urged Kosovo to meet its commitment to set up an association to coordinate work on education, health care, land planning and economic development in northern Kosovo communities mostly populated by ethnic Serbs.
She also will travel to Serbia, where she said a key topic of discussion would be that Serbia should “deliver” on recognition of Kosovo.
Both countries have said they want to join the 27-nation bloc.
She will also make stops in Montenegro and Bosnia.
Six Western Balkan countries are at different stages on their path to join the EU, in a process expected to take years.
While Montenegro and Serbia are advancing, North Macedonia and Albania started membership negotiations with the EU in July 2022. Bosnia was granted candidate status five months later, while Kosovo was recognized as a potential candidate to join the block.
Osmani called on the EU to give candidate status to Kosovo at its December summit.
——
Llazar Semini contributed from Tirana, Albania.
veryGood! (2)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Vacation rental market shift leaves owners in nerve-wracking situation as popular areas remain unbooked
- Cross-State Air Pollution Causes Significant Premature Deaths in the U.S.
- Indiana Bill Would Make it Harder to Close Coal Plants
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Fossil Fuel Advocates’ New Tactic: Calling Opposition to Arctic Drilling ‘Racist’
- Video: As Covid-19 Hinders City Efforts to Protect Residents From the Heat, Community Groups Step In
- Kim Kardashian Proves Her Heart Points North West With Sweet 10th Birthday Tribute
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Opioid settlement pushes Walgreens to a $3.7 billion loss in the first quarter
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Extinction Rebellion, Greenpeace Campaign for a Breakup Between Big Tech and Big Oil
- In California’s Farm Country, Climate Change Is Likely to Trigger More Pesticide Use, Fouling Waterways
- In a Move That Could be Catastrophic for the Climate, Trump’s EPA Rolls Back Methane Regulations
- What do we know about the mysterious drones reported flying over New Jersey?
- January is often a big month for layoffs. Here's what to do in a worst case scenario
- A Black 'Wall Street Journal' reporter was detained while working outside a bank
- As Climate Change Hits the Southeast, Communities Wrestle with Politics, Funding
Recommendation
A White House order claims to end 'censorship.' What does that mean?
3 reasons why Seattle schools are suing Big Tech over a youth mental health crisis
Buying a home became a key way to build wealth. What happens if you can't afford to?
Millions of workers are subject to noncompete agreements. They could soon be banned
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
U.S. Emissions Dropped in 2019: Here’s Why in 6 Charts
Damar Hamlin's 'Did We Win?' shirts to raise money for first responders and hospital