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Reading: Commission welcomes political agreement on the €6 billion Reform and Growth Facility for the Western Balkans
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The Balkans News™ > Blog > News > Balkans > Finance > Commission welcomes political agreement on the €6 billion Reform and Growth Facility for the Western Balkans
Finance

Commission welcomes political agreement on the €6 billion Reform and Growth Facility for the Western Balkans

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Last updated: May 14, 2024 12:33 pm
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The Commission welcomes the political agreement reached today between the European Parliament and the Council on the €6 billion Reform and Growth Facility for the Western Balkans, underpinning the Reform and Growth Plan proposed by the Commission in November 2023. It constitutes an unprecedented offer to the Western Balkans to access some benefits of EU membership before accession. The Facility will provide increased financial assistance in exchange for socio-economic and fundamental reforms defined in ambitious Reform Agendas being prepared by the Western Balkan partners.

Ursula von der Leyen, President of the European Commission,…



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