Current:Home > ScamsEU chief says investment plan for Western Balkan candidate members will require reforms -WealthSync Hub
EU chief says investment plan for Western Balkan candidate members will require reforms
View
Date:2025-04-15 18:11:06
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! (56745)
Related
- What to watch: O Jolie night
- Arizona man seeks dismissal of charge over online post after deadly attack in Australia
- Pamela Anderson's Latest Makeup-Free Look Is Simply Stunning
- North Korea's Kim Jong Un preparing for war − citing 'unprecedented' US behavior
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Rogue wave in Ventura, California injures 8, people run to get out of its path: Video
- More than 40 dead in Liberia after leaking fuel tanker exploded as people tried to collect gas
- Vikings tab rookie QB Jaren Hall to start Sunday night vs. Green Bay
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- That's So Raven's Anneliese van der Pol Engaged to Johnno Wilson
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- These struggling stocks could have a comeback in 2024
- 2024 elections are ripe targets for foes of democracy
- Pamela Anderson's Latest Makeup-Free Look Is Simply Stunning
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Russell Wilson signals willingness to move on in first comment since Broncos benching
- Poland says an unidentified object has entered its airspace from Ukraine. A search is underway
- Amari Cooper injury updates: Browns WR's status vs. Jets is up in the air
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Miller Moss, Caleb Williams' replacement, leads USC to Holiday Bowl win vs. Louisville
Authorities investigating 2 fatal police shootings this week in South Carolina
Venezuela will hold military exercises off its shores as a British warship heads to Guyana
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Mbongeni Ngema, South African playwright and 'Sarafina!' creator, dead at 68
Man led Las Vegas police on chase as he carjacked bystanders, killed father of 7
Bobbie Jean Carter found 'unresponsive' in bathroom after death, police reveal