EU to grant EUR 41.9 million to Bosnia and Herzegovina

Author (Corporate)
Series Title
Series Details IP/13/1310 (23.12.13)
Publication Date 23/12/2013
Content Type

The European Commission adopted the 2013 national programme for Bosnia and Herzegovina under the Instrument for Pre-accession Assistance (IPA).

The funds available amount to EUR 41.9 million. This is EUR 45 million less than initially envisaged. Since Bosnia and Herzegovina is at a standstill in the European integration process, the European Commission could not justify providing the full amount of previously envisaged pre-accession aid to the country.

Unlike development aid, IPA is specifically designed to help countries with their pre-accession reforms.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-13-1310_en.htm
Related Links
ESO: Background information: Instrument for pre-accession assistance (IPA) http://www.europeansources.info/record/instrument-for-pre-accession-assistance-ipa/

Subject Categories
Countries / Regions ,