100 Million Euros for Serbia from IPA Fund

The Serbian government and the European Commission have signed the IPA 2014 financing agreement that places EUR 102.3m at Serbia`s disposal, according to a government press release yesterday (30 June 2015).

The agreement was signed by the minister responsible for European integration Jadranka Joksimović and the director of the European Commission Directorate for Neighbourhood Policy and Enlargement Negotiations, Jean-Eric Paquet.

“The signed agreements amounting to EUR 102.3m constitute one part of the total funds provided as financial support to Serbia under the IPA 2014 programme, while a further EUR 86.8m is expected by the end of the year”, the release stated.

One of the signed agreements provides EUR 72m in support of special rehabilitation measures following floods and for flood risk management. These measures continue the EU`s support to renovation after a series of floods in Serbia.

This will finance the reconstruction and building of river bank reinforcements in Paraćin, Valjevo, Svilajnac and Mačva. Channel clearing in the Belgrade municipalities of Obrenovac, Surčin and Novi Beograd will also be supported, and the purchase of mobile barriers is planned for flood defence and for clearing landslides.

In another agreement EUR 30.3m was placed at Serbia`s disposal for reforms to the public administration and education that are required for future EU membership.

The agreement also provides support to Serbia`s process of European integration and to technical preparations for priority investment projects.

(eKapija, 01.07.2015.)

This post is also available in: Italiano

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