Commission approves Reform Agendas of Albania, Kosovo, Montenegro, North Macedonia and Serbia, paving way for payments under the Reform and Growth Facility
Today, the Commission approved the Reform Agendas of Albania, Kosovo, Montenegro, North Macedonia and Serbia following the EU Member States’ positive opinion. In their ambitious Reform Agendas, the five Western Balkans governments commit to socio-economic and fundamental reforms they will undertake to spur growth and convergence with the EU under the Growth Plan during the period of 2024 – 2027.
This step was key to allow payments under the EU’s €6 billion Reform and Growth Facility, that will be made upon completion of agreed reform steps.
Commission President Ursula von der Leyen said: “I’m impressed by the work of our Western Balkan partners on their Reform Agendas. It shows that they are committed to the success of the Growth Plan. It’s our roadmap to bring the economies of the Western Balkans closer to ours. And to give their companies the access and the means to compete on our Single Market. Everyone benefits, and it’s a big leap forward towards the European Union”.
The Reform Agendas focus on the reforms in the priority areas of rule of law and other fundamentals, governance, the digital and green transition, human capital development and the business environment. In addition, each beneficiary has proposed a list of indicative investments to be funded under the Facility, critical to unlocking socio-economic growth, to be approved in the context of the Western Balkan Investment Framework.