Home » Business » The EU plans EUR 1 billion in economic aid for the Western Balkans – 2024-03-10 02:11:06

The EU plans EUR 1 billion in economic aid for the Western Balkans – 2024-03-10 02:11:06

/ world today news/ According to an Albanian media report from yesterday, the President of the European Commission, Ursula von der Leyen, stated at a press conference after the EU-Western Balkans summit that the EU is preparing 1 billion euros in financial aid for the countries of the Western Balkans in order to deal with the impact of the energy crisis and conflicts between Russia and Ukraine.

500 million of this will be used to help households and businesses cope with fluctuations in energy prices, and the other 500 million euros will be used to improve infrastructure and transition to green energy.

Albanian Prime Minister Edi Rama said his country will receive 85 million euros from the EU as support for energy infrastructure.

#plans #EUR #billion #economic #aid #Western #Balkans

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