pre-financing

Serbia receives €101.8 million pre-financing under EU’s Growth Plan for the Western Balkans

As part of the Growth Plan for the Western Balkans, pre-financing amounts to 7% of the total funds for each recipient country in the region. According to diplomatic sources cited by Tanjug, Serbia has fulfilled the final formal condition for approval of these funds by the European Union, after the National Assembly ratified the Loan Agreement between the EU and Serbia on March 13, under the Instrument for Reform and Growth for the Western Balkans. The European Commission confirmed to…