First 39.7 mln euros of IPA assistance approved for Serbia

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Serbian government and European Commission officials on Tuesday signed a financial agreement approving the first 39.7 mln euros of a total 196.6 mln euro pre-accession assistance (IPA II) for Serbia.

Two more financial agreements, worth 80 mln and 76.9 mln euros respectively, are to be signed in the coming period.

The agreement was signed by Minister for European Integration Jadranka Joksimovic, who is also the national IPA coordinator, and Catherine Wendt of the European Commission’s Directorate General for Neighbourhood and Enlargement Negotiations.

The funds are intended for projects in the judicial and home affairs reforms, as well as projects contributing to the negotiation process and alignment with EU legislation, the Serbian government said in a statement.

Source; SerbGov