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EU, one bn package for Balkans to counter high energy prices

Von der Leyen: 'First 500 mln will be available in January'

03 November, 17:32
(ANSA) - BRUSSELS, NOV 3 - "The EU Commission will submit a substantial €1 billion support package against the energy crisis for the Western Balkans in grants." EU President Ursula von der Leyen announced at a press conference in Berlin.

The package has two pillars: "The first part of €500 million in grants," she pointed out, consists of "financial support for the six countries" in the Balkans, "to support vulnerable households and businesses in the immediate term," and "will be adopted in December and available in January." "The second part" of the package will be dedicated to "investments in energy and infrastructure." (ANSA).

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