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Feed/COD2023/0397(COD)Foreign Affairs

The Reform and Growth Facility for the Western Balkans

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 27mo ago
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This procedure establishes a new financial instrument designed to support the Western Balkans in their journey toward EU membership. It provides funding and technical assistance to help these countries implement necessary economic and political reforms, ensuring they meet the standards required for accession.

The facility primarily affects candidate countries in the Western Balkans. It will provide grants and loans to support infrastructure projects, public administration reforms, and economic growth initiatives.