A 6 billion-euro ($6.5 billion) development plan for the Western Balkans is a clear signal of the European Union’s commitment to the economic and democratic transformation of the Western Balkans, Montenegrin Prime Minister Milojko Spajic said on May 16 at a summit of the region’s six leaders.
The European Union approved the plan — 2 billion euros in grants and 4 billion euros in loan guarantees — in November to help the countries of the Western Balkans accelerate reforms and economic growth.
The plan envisaged by the EU is meant to speed up both the region’s economic growth and its integration with the EU norms and legislation that…
