Oliver Varhelyi Profile picture
Commissioner for Neighbourhood and Enlargement
Oct 6, 2020 5 tweets 5 min read
Today we present Economic & Investment plan for #WesternBalkans to boost economic development & recovery of the region. We will mobilise up to €9 billion of funding for investment flagships in transport, energy, green & digital transition, to create sustainable growth and jobs. In addition, investment capacity of the region should be boosted by mobilisation of a new #WesternBalkans Guarantee Facility, w ambition to potentially raise investments of up to €20 billion. Plan will increase grants compared to loans, as region’s fiscal space is limited.