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European Commission on investments in the Balkans and Serbia’s progress

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The European Commission will adopt the annual Enlargement Package and the Economic and Investment Plan for the Western Balkans tomorrow afternoon at the meeting of the Commissioners.
The Enlargement Package also includes a report on Serbia’s progress in all areas negotiated within the accession process.
The report will cover economic criteria and progress in reforms undertaken by Serbia in the area of economic development, as well as political criteria related to the rule of law in the country.
This report by the Commission will serve the member states in the agreement on opening new accession chapters with Serbia by the end of the year.
The report will also be the basis for drafting a European Parliament resolution on Serbia, which is expected to be adopted in early 2021.
Simultaneously with the Enlargement Package, the European Commission will adopt and present the Economic and Investment Plan for the Western Balkans.
The plan is expected to be a “heavy” nine billion euros, which the EU will invest in the long-term recovery of the Western Balkans from the consequences of the COVID-19 pandemic, as well as in infrastructure projects.
The European Commission notes that the goal of these investments is economic connection and strengthening of the region, ie reducing the difference between the economies of the EU and the Western Balkans in order to achieve faster European integration, Srbija Danas reports.

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