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Financial Aid For Serbia, Bosnia, Armenia And Georgia

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  • Financial Aid For Serbia, Bosnia, Armenia And Georgia

    FINANCIAL AID FOR SERBIA, BOSNIA, ARMENIA AND GEORGIA

    Parlamento Europeo
    http://www.europarl.europa.eu/news/expert/ infopress_page/026-65074-327-11-48-903-20091124IPR 65072-23-11-2009-2009-false/default_it.htm
    Nov 24 2009

    Parliament gave its backing on Tuesday for 400 million-plus Euro in
    budget aid to Serbia, Bosnia and Herzegovina, Armenia and Georgia. The
    funds are to help these countries to finance their external balances
    of payments and state budget deficits.

    "Parliament's swift and decisive action will allow the Council to
    adopt decisions on the four operations in the next few days", said
    EU Commissioner Sim Kallas in the plenary debate on the day before
    the vote.

    After the green light from the Council, the four countries will be
    entitled to receive from the EU up to: 200 million Euro for Serbia
    (in the form of a loan), 100 million Euro for Bosnia and Herzegovina
    (loan), 100 million Euro for Armenia (65 million Euro loan, 35 million
    Euro grant), and 46 million Euro for Georgia - (grant).

    The following reports were adopted on Tuesday:

    Vital MOREIRA (S&D, PT) on macro-financial assistance to Georgia:
    550 in favour, 55 against, 60 abstentions

    Vital MOREIRA (S&D, PT) on macro-financial assistance to Armenia:
    580 in favour, 29 against, 55 abstentions

    Miloslav RANSDORF (GUE/NGL, CZ) on macro-financial assistance to
    Serbia: 583 in favour, 23 against, 58 abstentions

    Iuliu WINKLER (EPP, RO) on macro-financial assistance to Bosnia and
    Herzegovina: 583 in favour, 23 against and 56 abstentions.
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