New EU funds for Albania, North Macedonia and Montenegro! Our country receives the first tranche of 99.3 million euros

The European Commission has allocated funds to Albania, Montenegro and North Macedonia as part of the EU's growth plan for the Western Balkans.

Payments are made in several stages, based on the reforms these countries have implemented to adapt to EU standards.

Albania will receive the first tranche of 99.3 million euros , of which 46.2 million euros will be paid directly to the state budget, while the rest will support infrastructure projects through the Western Balkans Investment Framework (WBIF).

Montenegro will receive the second tranche of 8.1 million euros, including 3.8 million euros that will go directly to the state budget and the rest for infrastructure projects through the WBIF.

North Macedonia will receive the second tranche of 16 million euros , with 7.4 million euros directed to the state budget and the rest for infrastructure projects through the WBIF.

Following approval by the WBIF Board, these funds will support infrastructure projects in sectors such as sustainable transport, clean energy, digital and human capital development, in close cooperation with Western Balkan partners and international financial institutions.

Since the launch of the Western Balkans Growth Plan, the total amounts disbursed amount to 99.3 million euros for Albania, 18.3 million euros for Montenegro and 25 million euros for North Macedonia.

The Growth Plan fosters the enlargement partners' preparations for EU membership, bringing benefits before full integration, which accelerates the enlargement process and the growth of their economies.

Also, Albania, Montenegro and North Macedonia, along with Moldova, are the first EU candidate partners to join the Single Euro Payments Area (SEPA) schemes.

A historic development, according to the Commission, that will make transactions in euros between these four partners and the European Union safer, faster and cheaper, with a potential saving of up to 500 million euros for citizens and businesses.

"Today we celebrate the concrete results that our ongoing efforts for the gradual integration of candidate countries are bringing to their citizens and businesses. Our work does not stop here," said EU Commissioner for Enlargement, Marta Kos.

Happening now...

00:00 crossword

Free scheme November 11

22:23 POLITICS

"Where did you find the 150 thousand euro car?", Poli Hoxha: The DP MP told me he got it on credit

22:12 POLITICS

"Open the tender because I broke it", Klodiana Lala: Balluku spoke with arrogance, he did not expect that the talks with Berber would come to fruition

22:02 POLITICS

"DP must conduct a deep analysis" Gjin Gjoni: The by-elections are won by the ruling party

21:50 POLITICS

"Who would have thought that after Veliaj, Balluk would also be next?" Agron Shehaj: We are facing a new reality, the day has come when justice is acting against everyone.

21:35 POLITICS

One message is enough and Rama's government "runs out of business" for the DP deputies

21:27 HAPPENING NOW

Gunfight between Albanian gangs in Italy, three injured

21:18 BOTA

The brains behind Mamdani's victory! This is the woman who built the campaign that overturned every rule of American politics

21:12 POLITICS

Klodiana Lala challenges Berisha: SPAK's subpoena has been sent to three addresses

21:02 HAPPENING NOW

Brawl in the Pogradec Municipal Council, 27-year-old arrested for punching the municipal councilor

20:49 SHOWBIZ

Who will be the presenter of "Big Brother VIP Kosovo"?

20:43 HAPPENING NOW

A body was found charred inside a vehicle in Greece, this is the Albanian who is suspected to be the victim!

20:26 POLITICS

Gender Equality Law/ Ambassador of France: There is no specific EU directive on the law, but...

20:13 KOSOVA

General and local elections cost Kosovo around 18 million euros, CEC warns there is no budget for early elections

Want to read more news