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#WesternBalkans’ European path is vital for the stability in the region

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balkan-1392825The ALDE Group in the European Parliament welcomes the steps forward made by some of the Western Balkan countries on their European path, as shown by the progress reports presented today by the European Commission in the EP’s Foreign Affairs Committee. There are still many issues to be fixed and reforms to be considered and the EU must support candidate countries to face the challenges ahead.

ALDE MEP, Ivo Vajgl (DeSUS, Slovenia), EP rapporteur on Macedonia, said result of the upcoming elections is key for country’s EU integration process: "I sincerely hope that parliamentary elections on the 11th of December will give new impetus to the country's process of EU integration and to the progressive adaptation of its values and rules. Whoever wins the elections will have to strictly respect the commitments of the Pržino agreement, which has so far proved to be a solid basis for Macedonia's future development. At the same time, Serbia has an important role to play in the stabilization process of the Western Balkans and it is progressing well in its efforts to comply with the standards set by the EU. Nevertheless, further efforts are needed in the economic field as well as in the development of democratic state institutions and public life based upon tolerance and inclusion."

Commenting on the Commission’s assessment on progress made by Montenegro and Bosnia-Herzegovina, ALDE MEP Jozo Radoš (HNS, Croatia), said: “Montenegro continues to be the most advanced country on the path towards the EU, but within the country there are still significant disputes over its Euro-Atlantic path. Bosnia and Herzegovina has adopted the Co-ordination Mechanism and the Reform Agenda, however the implementation of these documents may pose some challenges.”

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Cyprus

NextGenerationEU: European Commission disburses €157 million in pre-financing to Cyprus

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The European Commission has disbursed €157 million to Cyprus in pre-financing, equivalent to 13% of the country's financial allocation under the Recovery and Resilience Facility (RRF). The pre-financing payment will help to kick-start the implementation of the crucial investment and reform measures outlined in Cyprus' recovery and resilience plan. The Commission will authorise further disbursements based on the implementation of the investments and reforms outlined in Cyprus' recovery and resilience plan.

The country is set to receive €1.2 billion in total over the lifetime of its plan, with €1 billion provided in grants and €200m in loans. Today's disbursement follows the recent successful implementation of the first borrowing operations under NextGenerationEU. By the end of the year, the Commission intends to raise up to a total of €80bn in long-term funding, to be complemented by short-term EU-Bills, to fund the first planned disbursements to member states under NextGenerationEU. Part of NextGenerationEU, the RRF will provide €723.8bn (in current prices) to support investments and reforms across member states.

The Cypriot plan is part of the unprecedented EU response to emerge stronger from the COVID-19 crisis, fostering the green and digital transitions and strengthening resilience and cohesion in our societies. A press release is available online.

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Belgium

EU Cohesion policy: Belgium, Germany, Spain and Italy receive €373 million to support health and social services, SMEs and social inclusion

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The Commission has granted €373 million to five European Social Fund (ESF) and European Regional Development Fund (ERDF) operational programmes (OPs) in Belgium, Germany, Spain and Italy to help the countries with coronavirus emergency response and repair in the framework of REACT-EU. In Belgium, the modification of the Wallonia OP will make available an additional €64.8m for the acquisition of medical equipment for health services and innovation.

The funds will support small and medium-sized businesses (SMEs) in developing e-commerce, cybersecurity, websites and online stores, as well as the regional green economy through energy efficiency, protection of the environment, development of smart cities and low-carbon public infrastructures. In Germany, in the Federal State of Hessen, €55.4m will support health-related research infrastructure, diagnostic capacity and innovation in universities and other research institutions as well as research, development and innovation investments in the fields of climate and sustainable development. This amendment will also provide support to SMEs and funds for start-ups through an investment fund.

In Sachsen-Anhalt, €75.7m will facilitate cooperation of SMEs and institutions in research, development and innovation, and provide investments and working capital for micro-enterprises affected by the coronavirus crisis. Moreover, the funds will allow investments in the energy efficiency of enterprises, support digital innovation in SMEs and acquiring digital equipment for schools and cultural institutions. In Italy, the national OP ‘Social Inclusion' will receive €90m to promote the social integration of people experiencing severe material deprivation, homelessness or extreme marginalisation, through ‘Housing First' services that combine the provision of immediate housing with enabling social and employment services.

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In Spain, €87m will be added to the ESF OP for Castilla y León to support the self-employed and workers who had their contracts suspended or reduced due to the crisis. The money will also help hard-hit companies avoid layoffs, especially in the tourism sector. Finally, the funds are needed to allow essential social services to continue in a safe way and to ensure educational continuity throughout the pandemic by hiring additional staff.

REACT-EU is part of NextGenerationEU and provides €50.6bn additional funding (in current prices) to Cohesion policy programmes over the course of 2021 and 2022. Measures focus on supporting labour market resilience, jobs, SMEs and low-income families, as well as setting future-proof foundations for the green and digital transitions and a sustainable socio-economic recovery.

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European Commission

NextGenerationEU: European Commission disburses €2.25 billion in pre-financing to Germany

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The European Commission has disbursed €2.25 billion to Germany in pre-financing, equivalent to 9% of the country's financial allocation under the Recovery and Resilience Facility (RRF). This corresponds to the pre-financing amount requested by Germany in its recovery and resilience plan. The pre-financing payment will help kick-start the implementation of the crucial investment and reform measures outlined in Germany's recovery and resilience plan. The Commission will authorise further disbursements based on the implementation of the investments and reforms outlined in Germany's recovery and resilience plan.

The country is set to receive €25.6bn in total, fully consisting of grants, over the lifetime of its plan. The disbursement follows the recent successful implementation of the first borrowing operations under NextGenerationEU. By the end of the year, the Commission intends to raise up to a total of €80bn in long-term funding, to be complemented by short-term EU-Bills, to fund the first planned disbursements to member states under NextGenerationEU. Part of NextGenerationEU, the RRF will provide €723.8bn (in current prices) to support investments and reforms across member states. The German plan is part of the unprecedented EU response to emerge stronger from the COVID-19 crisis, fostering the green and digital transitions and strengthening resilience and cohesion in our societies. A full press release is available here.

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