Government of the Republic of Serbia
The European Commission announced the final EUR 2-billion 2014 package of pre-accession assistance programmes to support reforms in countries that want to integrate into the European Union. Serbia will have total amount of EUR 115 million available for its reforms.
“The European Commission has finalised its 2014 package of pre-accession assistance programmes to support reforms in countries wishing to join the EU. The funding, totalling EUR 2 billion, comes under the Instrument for Pre-accession Assistance (IPA), and will be available to Albania, Bosnia and Herzegovina, the former Yugoslav Republic of Macedonia, Montenegro, Serbia, Kosovo and Turkey,” it said in a statement.
“These funds will support concrete democratic and economic reforms: from modernisation of the judiciary and public administration, to investments in infrastructure and connectivity between the enlargement countries and with the EU Member States. This will further strengthen the region’s stability, its economy and its investment potential”, said Johannes Hahn, European Commissioner for European Neighbourhood Policy and Enlargement Negotiations.
Serbia could expect to sign the Financing Agreement and start implementation in the second quarter of 2015.
In addition to the 115 million EUR for the national IPA programme, an additional 62 million EUR is mobilised to assist Serbia in the recovery effort following the floods of May 2014 and of September 2014. This special measure will contribute directly to implementation of Government priorities in the post-flood period, both the recovery needs as well as upgrading the emergency response and prevention systems.
Source: www.europa.rs
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