Tuesday, May 11, 2010
Financial support from EU
Belgrade, May 06. 2010 (Serbia Today) - Serbia and the EU will sign a new financial agreement in late May, writes daily Politika. The media announced that after the recently signed deal on the use of EUR 70mn from the IPA funds of the European Union for the year 2009, Deputy PM Božidar Đelić plans to sign a new financial agreement with the European Commission by the end of the May. As Politika reports, there are funds from the 2010 IPA program, based on which another 170. 000.000 EUR will be donated to Serbia for 26 projects. Money will be used for social and economic development of southern Serbia (Jablanica and Pčinj districts) and southwestern Serbia (Zlatibor, Raška, Morava and Rasina districts, and that will be supported with EUR 15mn from the 2010 package. Funds will also be used for infrastructural investments in institutions of high education (EUR 25mn) and supervision of works on Corridor 10 (EUR 10mn).EUR 2.5mn will be used for the fight against financial crime, while EUR 28mn will go toward the construction of the Leskovac-Vranje electrical substation.
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