EU disburses €160 million in macro-financial assistance to three Western Balkans partners

Economia - pubblicata il 07 Ottobre 2020

Source: European Commission Spokesperson’s Service

The European Commission, on behalf of the EU, has today disbursed the first instalments of the macro-financial assistance programmes to Kosovo, Montenegro and North Macedonia. Today’s disbursement
of €50 million to Kosovo, €30 million to Montenegro and €80 million to North Macedonia follows the agreement and ratification of the Memoranda of
(MoUs) over the past months. The disbursement of the second tranche will be conditional on fulfilling the policy conditions laid down in the MoUs. The MoUs with the three Western
Balkans partners are part of the €3 billion
emergency MFA package for ten enlargement and neighbourhood partners
, aimed to help them limit the economic fallout of the coronavirus pandemic. The ongoing and swift implementation of these
programmes is an important demonstration of the EU’s solidarity with these countries at a time of unprecedented crisis.

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