EU to provide $504 mn in grants for Western Balkans to tackle energy crisis

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

Energy, fuel, natural gas

Photo: Bloomberg

IANS Skopje
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
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(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.)

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First Published: Oct 27 2022 | 1:00 PM IST

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