EU gives EUR 160 million in aid to Serbia to tackle energy crisis

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    EU gives EUR 160 million in aid to Serbia to tackle energy crisis

    The European Commission’s President Ursula von der Leyen said today in Nis that Serbia would receive 160 million euros of direct budget assistance from the EU to cope with the energy crisis.

    “I think this is necessary for Serbia to be able to help vulnerable social groups, as well as small and medium-sized enterprises,” von der Leyen said during a tour of the works on the construction of the gas interconnector between Serbia and Bulgaria with Serbian President Aleksandar Vucic.

    As she pointed out, this project would open the gas market of Serbia to various sources and improve the country’s energy security.

    “It is necessary to diversify the sources of gas supply in Europe, because too much focus on Russia is not good. Diversification, for the sake of more reliable sources, is essential,” the president of the European Commission said.

    She recalled that Serbia was already in an energy union with the EU, which implied that everything the EU was doing was included in the Western Balkans.

    She pointed out that the EU had been working hard in recent months to combat the energy crisis, stating that they were successful in their intention to compensate for 100 million cubic meters of gas, which the Union had received from Russia, by diversifying through other sources.

    She recalled that the amount of 500 million euros of EU grants was allocated to Serbia for investment in infrastructure.

    Izvor: BIZLife

    Foto: Beta/AP

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