Further proof of the EU’s keenness to welcome Albania into the EU, was announced today, with the promise of € 245 MILLION as part of € 1.2 BILLION given...
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EU grants Albania €245 million in development aid
TIRANA, Albania: The European Commission is giving Albania €245 million (US$357.4 million) to help it prepare for accession to the European Union.
The three-year package will focus on agriculture, transport and energy, environmental and regional development, as well as police and judiciary reform.
The European Commission office in Tirana said in a statement Tuesday that the program "aims at ... preparing the country for future European Union accession.
"Albania, one of the poorest countries in Europe, signed a so-called Stabilization and Association Agreement with the European Union two years ago — an initial step toward joining the 27-member union.
The EU is the biggest donor of aid to Albania, providing more than €1.2 billion (US$1.75 billion) since 1991.