VARHELYI: EUR 30 Billion from European Commission for Western Balkans

The European Commission presented its economic and investment plan IPA-II worth nearly EUR 30 billion in Tirana to the leaders of the Western Balkans, stated Oliver Varhelyi, the European Commissioner for Neighborhood and Enlargement.

He said that the plan, whose value matches a third of the gross domestic product of the Western Balkans Six, would have no effect unless the region was united.

– The implementation is crucial now: we are ready with IPA-III, it’s important for the region to be ready as well. The economic-investment plan will not have an effect if the economies of the Western Balkans don’t work as one. The plan will only be successful if the region “delivers” the Single Regional Market, an important project that was launched last year – Varhelyi said on Twitter.

He added that this “needs to be seen” at the upcoming summit within the Berlin Process.

– If the Single Regional Market becomes the reality, both the citizens and the economy will benefit from it – Varhelyi said.

On June 10, a meeting of the leaders of the Western Balkans was held, with Varhelyi attending and Serbia represented by Prime Minister Ana Brnabic.

Vlada Republike Srbije

European Commission

Oliver Varhelyi

Ana Brnabic

Tirana

Western Balkans

economic plan

investment plan

IPA III

Single Regional Market

Berlin Process