Western Balkans to receive a €500 million energy support package

In late October, commission chief Ursula von der Leyen announced that the European Union has pledged €500 million to improve the energy sector in the Western Balkans. It starts with €80 million in immediate budget support for North Macedonia to help address the impact of the high energy prices.

“There are €500 million in grants for the whole region to invest in energy connections, energy efficiency and of course renewable energy,” von der Leyen presented, underlining the importance of removing dependency on Russian fossil fuels. North Macedonia’s Prime Minister, Dimitar Kovacevski stated that “Energy and economic crisis caused by the war in Ukraine have united Europe. Only united we can handle with the lack of energy and food,”

The announcement is of great importance, as the domestic electricity production of countries in the Western Balkans meets only two thirds of their annual needs.

From EURACTIV, EU announces €500 million energy support package for Western Balkans, 27 October 2022. https://www.euractiv.com/section/enlargement/news/eu-announces-e500-mill...


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