New assistance framework for Yugoslavia adopted

The European Commission has adopted a five-year
strategic framework for its financial assistance to Yugoslavia.
Under the new strategy, Yugoslavia will receive 960 million
euro in EU aid over the first three years
(2002-2004).

The framework adopted by the Commission applies within
Yugoslavia the so-called CARDS strategy (Community
Assistance for Reconstruction, Democratisation and
Stabilisation). It sets the following priority areas:

  • good governance and institution building;
  • economic recovery, regeneration and reform;
  • social development and civil society.

The CARDS programme covers Albania,
Bosnia and Herzegovina, Croatia, Macedonia and Yugoslavia.
It supports their participation in the EU’s Stabilisation
and Association Process. The CARDS regulation foresees some
4.65 billion euro for this purpose for the entire region in
the period 2000 to 2006.

The Commission has already adopted
country strategy papers for Albania, Croatia and
Macedonia.

 

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