The European Union (EU) will provide 500 million euros ($504 million) in grants for the Western Balkan countries to tackle energy crisis, European Commission chief Ursula von der Leyen said here.
The energy support package will help the whole Western Balkan region to invest in energy connections, energy efficiency and renewable energy, she said at a joint press conference with North Macedonian Prime Minister Dimitar Kovachevski.
She said the first batch of 80 million euros out of the total 500 million euros will help North Macedonia to address the impact of high energy prices, reports Xinhua news agency.
Also on Wednesday, von der Leyen attended the signing ceremony of an agreement between the European Border and Coast Guard Agency (Frontex) and North Macedonia.
The agreement will allow Frontex to assist North Macedonia in its efforts to manage migratory flows, counter illegal immigration and tackle cross-border crime.
The European Commission chief will also visit Albania, Bosnia and Herzegovina, Serbia and Montenegro on her Western Balkan tour.
--IANS
ksk/
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)