EC approves disbursement of up to 7 pct of Growth Plan funds to Serbia

BRUSSELS - A European Commission (EC) spokesman said on Tuesday the EC had approved the disbursement of up to 7 pct of EU Growth Plan funds to Serbia and that the disbursement was due to take place in 2025.

In a statement to Tanjug, he said the EC was now finalising procedural steps to enable the soonest possible release of pre-financing funds this year.

He noted that, in July 2024, Serbia had submitted reform programmes covering fundamental and socioeconomic reforms and that the EC had concluded they were in line with objectives and requirements.