EU agrees on multibillion accession aid package

European Commissioner for Neighborhood and Enlargement Oliver Varhelyi speaks during a press conference in Libya’s capital, Tripoli, on May 28, 2021. (Photo: AFP)
European Commissioner for Neighborhood and Enlargement Oliver Varhelyi speaks during a press conference in Libya’s capital, Tripoli, on May 28, 2021. (Photo: AFP)
EU institutions on Wednesday said they had agreed a 14.16 billion euros ($17.3 billion) 2021-27 accession aid package for candidate countries seeking to join the bloc.اضافة اعلان

“This long-awaited agreement on our ambitious financing assistance is a positive, welcome and strong signal for the Western Balkans and Turkey,” said Oliver Varhelyi, EU commissioner responsible for enlargement.

It will provide funding for the western Balkans and thus help the economic in the region, he added.

The money would be invested in improving the region’s connectivity, infrastructure, environment and climate, as well as energy and digital, said Varhelyi.

As well as improving convergence with the EU, he said it would also bring “tangible benefits for citizens” in the candidate nations -- Albania, Bosnia, Kosovo, Montenegro, North Macedonia, Serbia and Turkey.

The agreement needs to go to the European Parliament and the Council for final approval.

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