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Serbia's President Aleksandar Vucic, left, European Commissioner for Neighbourhood and Enlargement Oliver Varhelyi, center, and Albania's Prime Minister Edi Rama, right, talk during a family photo in Tirana, Albania, Thursday, Feb. 29, 2024. The leaders of Western Balkan countries met Thursday in another joint push to use the European Union's financial support plan of six billion euros (about $6.5 billion) hoping it will speed up its membership in the bloc. (AP Photo/Armando Babani)

Western Balkans leaders pledge to speed up reforms for EU growth plan

The leaders of Western Balkan countries have agreed to speed up regional cooperation to benefit more from a new European Union plan of financial aid that will help provide a faster road to membership

By LLAZAR SEMINI
Published - Feb 29, 2024, 09:12 AM ET
Last Updated - Feb 29, 2024, 09:12 AM EST

TIRANA, Albania (AP) — The leaders of Western Balkan countries agreed Thursday to speed up regional cooperation to benefit more from a new European Union plan of financial aid that will help provide a faster road to membership.

Brussels' plan calls for 6 billion euros (about $6.5 billion) to be sent to the Balkan states over the next three years in an effort to double the region's economy over the next decade and accelerate their efforts to the join the bloc. That aid is contingent on reforms that would bring their economies in line with EU rules.

Balkan leaders have welcomed the plan, but the reform agenda is a challenge to implement.

Albanian Prime Minister Edi Rama, who hosted the summit in Tirana, called the new growth plan “a truly encouraging result of a friendly and open exchange of views.”

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