fbpx
European Western Balkans
News

Germany has "mini Marshall Plan" for Balkans

Western Balkans countries' flags during Berlin process
Western Balkans countries' flags during Berlin process

BELGRADE – Germany has prepared a “mini Marshall Plan” for the Balkans to give the region’s economies a lift in the years to come and, in a way, provide compensation for the long wait for EU membership, Večernje novosti reported, quoting diplomatic sources, Tanjug reports.
Berlin’s proposal will soon be tabled to the European Council in Brussels, which should approve it and set up a special fund for the Balkan states, the report said.

The money for implementing the plan, named Berlin Plus, should be secured by, among others, the European Economic Area (EEA) – consisting of all EU member states, Iceland, Lichtenstein and Norway – and the European Free Trade Association, made up of the same group of countries and Switzerland.

With donor campaigns still pending, the figures, which are expected to be significant due to the scope of the project, remain unknown.

Related posts

Bieber: Regional cooperation no substitute for integration

EWB Archives

Baily: Ivanov and Parliament to move forward

EWB Archives

Kocijančič: Montenegro to resolve current political situation

EWB Archives