I see the EU Growth Plan as a facility that opens the gates to the single European market and to the free circulation of goods, services, capitals and people, stated North Macedonian Prime Minister, Dimitar Kovacevski, in his speech at the meeting of leaders dedicated to the Plan for Development of the Western Balkans.

“This structured framework reinforced by financial support becomes the key to uninterrupted integration. It urges the adoption of European regulations and standards, promoting integration both in the region and in the EU. This dual integration strategy not only accelerates the EU membership process, but also brings quick benefits, as increased trade and investments, improved competitiveness and regional connectivity. The plan is a bridge that connects aspirations with reality,” stated the North Macedonian Prime Minister.

Kovacevski, who is hosting the meeting, mentioned that the New Growth Plan exceeds economic strategies and is a real driving force towards a prosperous future in the Western Balkans.

“The plan is a powerful symbol of the unwavering commitment to reforms, a decisive step for the transformation and alignment of national economies with high European standards. This instrument is an improvement moment for us. With it, the countries of the Western Balkans will accelerate fundamental reforms, creating a link between the common regional market. The approach with additional financial assistance becomes a key element in this process. The instrument for the reforms and growth acts as a financial pillar that supporting the reforms,” underlined Kovacevski.

Earlier, in the statement before the start of the meeting, the North Macedonian Prime Minister said that the Growth Plan is a concrete action of the EU to increase regional cooperation and the inclusion of the countries of the Western Balkans in the European common market.

The plan for the growth of the Western Balkans was approved by the European Commission on November 8 and foresees financial support of six billion Euros for the period 2024-2027.

Of these funds, two billion are non-refundable grants and four billion are concessional loans granted by the EU.

The purpose of the Plan is to stimulate economic growth and accelerate social and economic convergence.

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