& Events

Economic and Investment Plan for the Western Balkans

Oct 7, 2020 | News

(06 October 2020) – Today, the Commission adopted a comprehensive Economic and Investment Plan for the Western Balkans, which aims to spur the economic recovery of the region, support a green and digital transition, foster regional integration and convergence with the EU.

© Warsaw Institute

The Plan identifies ten investment flagships to support major road and railway connections in the region, renewable energy and the transition from coal, renovation of public and private buildings to increase the energy efficiency and reduce greenhouse gas emissions, waste and waste water management infrastructure, as well as the roll out of broadband infrastructure.

Other flagships include increased investments in the private sector to boost competitiveness and innovation, in particular of small and medium sized companies and a Youth Guarantee.

The Commission also adopted today the 2020 Enlargement Package, its annual assessment of the implementation of fundamental reforms in the Western Balkan partners and Turkey.

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