prijava
BRUSSELS/SARAJEVO, May 6 (FENA) - The EU ambassadors today endorsed a Commission proposal to provide up to 3 billion euros of macro-financial assistance to ten enlargement and neighborhood partners to help them cope with the economic fallout of the COVID-19 pandemic.
“Enlargement and neighborhood countries are our closest partners. Now more than ever, it is absolutely essential that we stick together and show solidarity in addressing the economic and social impact of this global crisis," said Zdravko Marić, Croatian Minister of Finance.
Financial assistance will be provided in the form of loans on highly favorable terms and allocated as follows: Albania €180 million, Bosnia and Herzegovina €250 million, Georgia €150 million, Jordan €200 million, Kosovo €100 million, Moldova €100 million, Montenegro €60 million, North Macedonia €160 million, Tunisia €600 million, and to Ukraine, €1200 million.
The EU assistance will help these countries cover their immediate financing needs which have increased as a result of the COVID-19 outbreak.
Together with the support from the International Monetary Fund, the funds will help enhance macroeconomic stability and create space to allow resources to be allocated towards protecting citizens and to mitigating the negative socio-economic consequences of the coronavirus pandemic.
The funds will be available for twelve months and will be disbursed in two installments. The loans will have a maximum average maturity of 15 years. The assistance will be subject to a memorandum of understanding (MOU), to be agreed between each partner country and the Commission.
The text will need to be adopted by the European Parliament and the Council before it can enter into force, stated the EU Delegation to BiH.
(FENA) S. R.
