Brussels – A record year for investment in the Western Balkans, at least in terms of the European Investment Bank’s (EIB) contribution: In 2023, the EIB Global financial arm for activities outside the European Union allocated €1.2 billion in regional sustainable transition and energy projects to support the economic, climate, EU accession, and connectivity efforts of Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Montenegro, and Serbia.
A €365 million increase over 2022, bringing to over 10 billion the EIB’s total support to the Western Balkans since 2010 to help local economies develop sustainably. “The funds…