EU financial assistance signed with Kosovo

Gazeta Express

11/08/2020 18:49

The European Commission, on behalf of the EU, has agreed Memoranda of Understanding (MoU) on macro-financial assistance (MFA) programmes with eight partners, including Kosovo and other countries of the region.

The Commission in a statement said that the agreements are part of the €3 billion MFA package for ten enlargement and neighbourhood partners, aimed to help them limit the economic fallout of the coronavirus pandemic.

For Kosovo, the policy conditions for its €100 million MFA programme relate to strengthening public finance and financial stability, addressing youth unemployment and improving good governance, and the fight against corruption.

The EC said that Memoranda of Understanding have already been agreed with Albania, Georgia, Jordan, Kosovo, Moldova, Montenegro, North Macedonia, and Ukraine. These documents have also been formally signed with four of them: Kosovo, Moldova, North Macedonia, and Ukraine. Negotiations of the MoUs with the remaining two countries – Bosnia and Herzegovina, and Tunisia – are underway. /GazetaExpress/